Indian LNG Importers Engage with US Suppliers Ahead of Modi's Washington Visit
Feb 10, 2025

Indian LNG Importers Engage with US Suppliers Ahead of Modi's Washington Visit

India's leading importers of liquefied natural gas (LNG) are currently in discussions to secure more fuel from US suppliers, aligning with Prime Minister Narendra Modi's anticipated visit to meet President Donald Trump in Washington DC this week. According to a report by Bloomberg, this move marks a strategic approach by Indian firms, including Indian Oil Corp., to engage in long-term LNG contracts with top US exporters like Cheniere Energy Inc.

This development comes in the wake of increased conversations between Indian companies and US suppliers, a trend that has been on the rise since Trump's election victory. The urgency has been further fueled by India's projected increase in demand for cleaner fuels, as the nation aims to reduce its reliance on dirtier energy sources.

According to IndexBox data, the United States exported LNG worth $33.4 billion in 2023, with major consumers including the Netherlands ($4.4 billion), France ($3.8 billion), and the United Kingdom ($3.5 billion). This underscores the critical role the US plays in the global LNG market. Meanwhile, US LNG imports in 2023 amounted to $963.1 million, with notable imports from Trinidad and Tobago ($513.7 million) and Nigeria ($449.3 million).

The discussions in India coincide with broader international efforts to mitigate trade imbalances with the US, as countries like Japan and the EU explore similar avenues. As India positions itself to potentially increase its LNG imports, these negotiations reflect a significant economic maneuvering as Modi prepares for diplomatic talks with Trump.

Source: IndexBox Market Intelligence Platform

  1. 1. INTRODUCTION

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    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
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    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

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    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
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  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

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    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
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    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
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    4. TOP IMPORTING MARKETS
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  7. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY
  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2024
    2. IMPORTS BY COUNTRY
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  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2024
    2. EXPORTS BY COUNTRY
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  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

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  11. 11. COUNTRY PROFILES

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    • United States
    • China
    • Japan
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    • France
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    • India
    • Canada
    • Australia
    • Republic of Korea
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    • Netherlands
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    • Pakistan
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    • Algeria
    • Czech Republic
    • Qatar
    • Peru
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  12. LIST OF TABLES

    1. Key Findings In 2024
    2. Market Volume, In Physical Terms, 2012–2024
    3. Market Value, 2012–2024
    4. Per Capita Consumption, By Country, 2018–2024
    5. Production, In Physical Terms, By Country, 2012–2024
    6. Imports, In Physical Terms, By Country, 2012–2024
    7. Imports, In Value Terms, By Country, 2012–2024
    8. Import Prices, By Country Of Destination, 2012–2024
    9. Exports, In Physical Terms, By Country, 2012–2024
    10. Exports, In Value Terms, By Country, 2012–2024
    11. Export Prices, By Country Of Origin, 2012–2024
  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2024
    2. Market Value, 2012–2024
    3. Consumption, By Country, 2024
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2024
    18. Production, In Value Terms, 2012–2024
    19. Production, By Country, 2024
    20. Production, In Physical Terms, By Country, 2012–2024
    21. Imports, In Physical Terms, 2012–2024
    22. Imports, In Value Terms, 2012–2024
    23. Imports, In Physical Terms, By Country, 2024
    24. Imports, In Physical Terms, By Country, 2012–2024
    25. Imports, In Value Terms, By Country, 2012–2024
    26. Import Prices, By Country, 2012–2024
    27. Exports, In Physical Terms, 2012–2024
    28. Exports, In Value Terms, 2012–2024
    29. Exports, In Physical Terms, By Country, 2024
    30. Exports, In Physical Terms, By Country, 2012–2024
    31. Exports, In Value Terms, By Country, 2012–2024
    32. Export Prices, 2012–2024

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