Us To Soon Sign Long Term Lng Deals With India

Us To Soon Sign Long Term Lng Deals With India

The US will soon sign long term contracts with India to supply LNG, president Donald Trump said from the White House June 26.

“We’re also looking forward to exporting more American energy to India as your economy grows, including major long-term contracts to purchase American natural gas, which are right now being negotiated, and we will sign them. Trying to get the price up a little bit,” Trump said as he hosted the Indian prime minister Narendra Modi.

India’s LNG imports have been clocking sharp growth as demand for clean energy expands in the south Asian nation. For the 12-month period ended March 31, 2017, India’s LNG imports were up by 15.5% on year at 24.6bn m³. LNG imports during 2016-17 were the highest during the past four years. Read More…

 

Credit By :  Natural Gas World

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