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Axios
Axios
National
Ben Geman

The energy stakes of Trump's India visit

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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