US to be key supplier of crude oil, LNG to India after Trump-Modi meeting

India and the US agreed last week to start talks to clinch an early trade deal and resolve their standoff over tariffs as New Delhi promised to establish the US as a leading supplier of crude oil, petroleum products, and liquefied natural gas (LNG) to India.

The meeting between the US president Donald Trump and Prime Minister of India, Shri Narendra Modi, which is expected to boost the energy trade, broadens avenues for importing liquefied natural gas (LNG).

Donald J. Trump hosted the Prime Minister of India, Shri Narendra Modi for an official working visit in Washington, DC on February 13.

The two countries reaffirmed their commitment to increasing energy trade, ensuring energy security, and establishing the US as a leading supplier of crude oil, petroleum products, and liquefied natural gas (LNG) to India, the official statement said.

Batting for a level-playing field, Trump said during the India – USA joint press conference, “The Prime Minister and I also reached an important agreement on energy that will restore the United States as a leading supplier of oil