‘Howdy Modi’ Sponsor Signs Import Deal With Indian Govt’s Petronet

Tellurian signed an MoU with govt-owned Petronet, in what is touted as one of the biggest LNG deals in US history.

The Government of India’s Petronet LNG Limited has signed a Memorandum of Understanding (MoU) with US natural gas company Tellurian Inc, in what is being projected as one of the biggest LNG deals in US history.

Under the deal, Petronet and its affiliates can import up to five million tonnes per annum (MTPA) of liquefied natural gas (LNG) from the US. The two companies announced this deal on Saturday, 21 September, during Prime Minister Narendra Modi’s visit to the United States.