Indian Oil Corporation (IOC), the nation's largest oil firm, has signed a USD 7-9 billion deal to import LNG from UAE on a long-term 14-year contract.

The deal formalises a previous Heads of Agreement between the two companies and strengthens the long-standing energy partnership between the UAE and India.

Indian Oil Corporation is negotiating a long-term LNG supply agreement with U.S. exporter Cheniere Energy, signaling a new wave of energy deals between India and the U.S.

French oil major TotalEnergies has signed a deal to supply the Gujarat State Petroleum Corporation with 400,000 metric tons of liquefied natural gas annually, beginning next year, the companies said on Wednesday.

India's top importers of liquefied natural gas are holding talks to buy more fuel from U.S. suppliers, ahead of Prime Minister Modi’s expected meeting with President Trump this week, Bloomberg reported Monday.