Dhaka, Jan. 26 -- US's Argent LNG has inked a non-binding agreement with the government of Bangladesh to supply up to 5.0 million tonnes per annum (MTPA) of liquefied natural gas (LNG).

The Bangladesh Investment Development Authority (BIDA) on Saturday announced the signing of a transformative Heads of Agreement (HOA) between the government of Bangladesh and Louisiana-based Argent LLC for the purchase of LNG.

US President Donald Trump's "Drill, Baby, Drill" energy mandate, promoting the exploration and export of US energy resources, provided the foundation for this historic agreement.

The deal was signed by BIDA Executive Chairman Ashik Chowdhury and Chairman and CEO of Argent LNG Jonathan Bass in a ceremony at the Bangladesh Embassy i...