Louisiana’s Argent LNG Sets Deal With Bangladesh

HOUSTON, Jan 24 (Reuters) – , which is developing a 25 million metric tonnes per annum (MTPA) LNG facility in Louisiana, has signed a non-binding agreement with the government of Bangladesh to purchase up to 5 million metric tons of liquefied natural gas (LNG) annually, the company said in a statement on Friday.

This is the first major U.S. LNG supply deal since President Donald Trump took office on Monday, and according to the parties, reflects industry confidence in the new administration’s pro-energy policies.

Since coming to power Trump has taken executive action to end the …