India to buy more US LNG as IEW draws to close

  • Gas
  • February 14, 2025

India has agreed to buy more US gas and oil as US President Donald Trump stepped up his threat of tariffs and embarked on a new ‘fair and reciprocal trade’ strategy.

President Trump and India Prime Minister Narendra Modi reaffirmed their commitment to increase energy trade, as part of efforts to ensure energy security, and establish the US ‘as a leading supplier of crude oil and petroleum products and liquefied natural gas (LNG) to India, in line with the growing needs and priorities of our dynamic economies’.

The US pledged its support for India to join the International Energy Agency as a full member.

Speaking at the close of India Energy Week 2025 in New Delhi, Hardeep Singh Puri, Minister of Petroleum and National Gas, said, “The fact of the matter is India needs more energy, and President Trump wants to see more energy come onto the global markets – and we are seeing more coming on stream from the western hemisphere.

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