Houston: PM Modi Meets Oil Sector CEOs

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HOUSTON/ NEW DELHI: Ahead of the highly-anticipated “Howdy, Modi!” event, Prime Minister Narendra Modi met top energy sector CEOs at a round table meeting at Houston on Saturday, his first engagement since arrival in US.

US natural gas company Tellurian Inc. and India’s Petronet LNG Limited (PLL) have signed an MoU, under which PLL and its affiliates intend to import up to five million tonnes per annum (5 mtpa) of liquefied natural gas (LNG) from America.

It is an honour to sign the MoU with Petronet in the presence of Prime Minister Narendra Modi. At Tellurian, we look forward to a long and prosperous partnership with Petronet in the Driftwood project,” Tellurian’s president and CEO Meg Gentle said in the statement.

The statement further said: “Petronet, India’s largest LNG importer, will be able to deliver clean, low-cost and reliable natural gas to India from Driftwood. Increasing natural gas use will enable India to fuel its impressive economic growth to achieve Prime Minister Modi’s goal of a USD 5 trillion economy while contributing to a cleaner environment.”

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