Exclusive: India weighs scrapping import tax on US LNG, boost purchases, sources say
Exclusive: India weighs scrapping import tax on US LNG, boost purchases, sources say
NEW DELHI, March 28 (Reuters) - India is considering a proposal to scrap import tax on U.S. liquefied natural gas (LNG) to boost purchases and help cut the trade surplus with Washington, a key irritant for President Donald Trump, four government and industry sources said.
The United States is India's second biggest supplier but the two sides are looking to ramp up volumes for India's energy-hungry economy, one of the fastest growing in the world. Qatar is the top LNG supplier to India.
