Dhaka, Jan. 25 -- Bangladesh has entered into a significant non-binding agreement with US-based Argent LNG to secure an annual supply of up to 5 million tonnes of liquefied natural gas, or LNG, Reuters reports, citing a statement from the company.

This marks the largest deal by a US company for LNG supply since Donald Trump took office as US president, highlighting the administration's energy-friendly policies.

Argent LNG is building infrastructure in Louisiana capable of supplying 25 million tonnes of LNG annually.

Once the Port Fourchon project is completed, the company will sell LNG to Bangladesh's state-owned Petrobangla under the agreement.

"This agreement will not only ensure reliable energy supply to Bangladesh's growing indust...