India and Japan will be signing a deal on liquefied natural gas (LNG) supplies as the latter’s PM Sanae Takaichi arrives in India on Wednesday for her annual summit with Prime Minister Narendra Modi, as per a report by Economic Times.
This deal comes amid global supply chain disruptions of crude oil and LNG due to the war in West Asia between the United States and Iran.
The Indian and Japanese governments are planning to set up a joint task force which will cooperate on LNG stockpiling. This pact is expected to be finalised in the Modi-Takaichi summit, the publication reported.
This is a developing story. Check back later for more updates.