Feb 24, 2020 - Energy & Climate

The energy stakes of Trump's India visit

Ben Geman

Donald Trump (L) looks on as India's Prime Minister Narendra Modi waves during 'Namaste Trump' rally — Donald Trump looks on as India's Prime Minister Narendra Modi waves during 'Namaste Trump' rally. Photo: Mandel Ngan/AFP via Getty Images

Trump administration officials face headwinds as they seek agreements to export more U.S. liquefied natural gas to India, the Wall Street Journal reports.

Where it stands: Buyers are wary of long-term deals and instead are increasingly turning to the more flexible spot markets to find cheaper supplies.

Why it matters: That's a problem for companies planning to build new U.S. export facilities but "need sizable advance commitments from buyers to secure the billions needed for the projects."

Their piece and this Houston Chronicle story look at plans by Tellurian, which hopes to finalize a long-term deal with Petronet and has officials in India this week.

Go deeper ... In photos: Trump visits Taj Mahal after massive rally in India

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The energy stakes of Trump's India visit

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