Skip to main content

Petronet seeking long term US LNG deal

Published by
LNG Industry,

Reuters is reporting that India’s Petronet LNG is seeking to sign a 1 million t US LNG purchase deal in a year’s time.

The company is seeking a deal length spanning up to 10 years as it looks to diversify its LNG supply beyond the Middle East.

An added incentive that could be included in a potential deal is the option of Petronet taking a stake in a US LNG project.

Petronet’s managing director, Prabhat Singh, has commented that the company has been in talks with various potential partners regarding a US deal. These have included Tellurian, with whom a deal could include the purchase of a stake in the proposed Driftwood LNG project in Louisiana.

Read the article online at:

You might also like

Wood Mackenzie: LNG in APAC

Gavin Thompson, Asia Pacific Vice Chair, Wood Mackenzie, comments on the future of LNG supply in APAC, stating that projects must move fast to take advantage of strong LNG prices and contracting fever.


Embed article link: (copy the HTML code below):


LNG Industry is not responsible for the content of external internet sites.