Trump Promotes a U.S. Gas Trade With India That Already Exists

  • U.S. will sign long-term supply contracts with India: Trump
  • Indian companies have supply agreements in place for U.S. gas

Is U.S.-India the New Love Affair Sans China?

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In promoting trade with India, President Donald Trump suggested Monday that the U.S. is on the verge of signing long-term agreements to send natural gas to the Asian country.

There’s just one thing: India already has long-term agreements for U.S. gas. And it’s received at least seven cargoes of it since the U.S. started liquefying its shale gas and sending it overseas last year, according to ship-tracking data compiled by Bloomberg.

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Trump Promotes a U.S. Gas Trade With India That Already Exists