India’s Top LNG Importer Says Favorable Terms Key to US Deals

India will need favorable terms to enter into long-term liquefied natural gas purchase deals with the US as the market is highly price sensitive, according to the chief executive officer of the country’s top LNG importer.

“India is looking to source energy at the most competitive and affordable price for consumers,” Petronet LNG Ltd.’s Akshay Kumar Singh said. “No one is saying you buy at any cost.”