{"id":87454,"date":"2026-02-13T00:00:00","date_gmt":"2026-02-13T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/mena-india\/2026\/02\/13\/this-afternoon-petronet-presses-for-lower-prices-and-flexible-terms-for-us-lng-purchases-trueledger-eyes-up-to-20-stake-in-silverline\/"},"modified":"2026-02-13T00:00:00","modified_gmt":"2026-02-13T00:00:00","slug":"this-afternoon-petronet-presses-for-lower-prices-and-flexible-terms-for-us-lng-purchases-trueledger-eyes-up-to-20-stake-in-silverline","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/mena-india\/2026\/02\/13\/this-afternoon-petronet-presses-for-lower-prices-and-flexible-terms-for-us-lng-purchases-trueledger-eyes-up-to-20-stake-in-silverline\/","title":{"rendered":"THIS AFTERNOON: Petronet presses for lower prices and flexible terms for US LNG purchases; Trueledger eyes up to 20% stake in Silverline"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Good afternoon, friends.<\/strong> India\u2019s aviation, energy, and industrial policies are converging in ways that are challenging old assumptions.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The big story<\/strong>: As New Delhi pushes to build national champions and expand long-haul capacity, Gulf carriers are finding their growth limited by bilateral seat caps. With new air service agreements frozen, Gulf airlines are being nudged toward premium cabins over volume-driven passenger growth.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Meanwhile:<\/strong> India wants cheaper, more flexible LNG before locking in long-term US contracts, even as Washington encourages New Delhi to buy more American gas to secure tariff relief. Pricing, not politics, is likely to decide how much market share Qatar and the UAE retain. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Elsewhere<\/strong>, Oman is courting Indian metalmakers to build downstream aluminum capacity at Sohar.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">All of that and more, below.<\/p>\n<p class=\"tag-border-left\">Watch this space <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <a id=\"wwtt1\"><\/a> <strong>ENERGY \u2014 <\/strong><strong>India<\/strong><strong> is <\/strong><strong>demanding competitive pricing and flexible <\/strong><strong>terms to commit to long-term liquefied natural gas (LNG) contracts with the US.<\/strong> The country\u2019s largest importer, Petronet LNG, has said that lower prices are the key factor deciding its supply diversification, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2026-02-12\/india-s-top-lng-importer-says-favorable-terms-key-to-us-deals\" style=\"\"><\/a><a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2026-02-12\/india-s-top-lng-importer-says-favorable-terms-key-to-us-deals\" style=\"\">Bloomberg<\/a> reports, citing the company\u2019s CEO Akshay Singh. Increased buying from the US is likely to reduce imports from traditional Gulf suppliers.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Why it matters<\/strong><strong>:<\/strong> The US was India\u2019s third-largest LNG supplier last year, accounting for 12% of imports, trailing Qatar and the UAE. American officials are pressing New Delhi to sign long-term energy contracts as part of a broader trade framework aimed at expanding US exports, as <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/mena-india\/2026\/02\/04\/us-cuts-tariffs-on-india-to-18-amid-pressure-to-halt-russian-oil-imports\/\" style=\"\"><\/a><a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/mena-india\/2026\/02\/04\/us-cuts-tariffs-on-india-to-18-amid-pressure-to-halt-russian-oil-imports\/\" style=\"\">New Delhi unwinds Russian crude to secure an 18% US tariff cap<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>American vs. Gulf supplies<\/strong>: While the US wants India to step up purchases, the US LNG contracts are typically linked to the volatile Henry Hub benchmark and involve take-or-pay clauses, alongside higher freight costs, making them less attractive than Brent-linked Middle Eastern supply.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What\u2019s next:<\/strong> With India\u2019s LNG demand set to rise sharply this decade, pricing dynamics are likely to take precedence over geopolitics for future purchases.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <a id=\"wwtt2\"><\/a> <strong>M&A \u2014 <\/strong><strong>UAE<\/strong><strong>-based Trueledger Technologies has expressed<\/strong><strong> preliminary interest in acquiring up to 20% stake in Mumbai-based IT firm <\/strong><strong>Silverline Technologies<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/bsmedia.business-standard.com\/_media\/bs\/data\/announcements\/bse\/11022026\/e0b32597-5564-4744-a0e9-1ac9b3d76d0f.pdf\" style=\"\">regulatory filing (pdf)<\/a>. The non-binding offer is subject to regulatory approval and open to further negotiations.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Silverline Technologies offers software and enterprise solutions to global clients. <\/strong>It recently debuted a beta version of its in-house AI chatbot and productivity tool, Silver AI, which is slated for commercial rollout this month. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Why it matters:<\/strong> Gulf capital has shown an increased appetite for Indian AI platforms as firms chase scalable, product-led technology players beyond traditional IT services. Silverline is attempting a pivot from legacy IT services toward a high-margin AI product play. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">!_InsterLine_!<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>TELECOMS \u2014 Subsea route plugs into India, UAE and Singapore:<\/strong> Dubai-based Du is joining the Singapore-India-Gulf (SING) submarine cable system, partnering with Cyprus-based Datawave Networks to land the network in the UAE, <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/projects\/industry\/uaes-du-to-participate-in-singapore-india-gulf-submarine-cable-system-ccbhihwp\" style=\"\">Zawya<\/a> reports, citing a press statement. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>About the system:<\/strong> SING will link six hubs \u2014 Kalba, Muscat, Mumbai, Chennai, Kedah, and Singapore \u2014 creating a fresh east-west pathway between Southeast Asia, India, and the Gulf. The cable is expected to enter into service in 2030, with Kalba serving as the UAE landing point.<\/p>\n<div class=\"row\">\n<div class=\"col-md-12 subscribe-box-panel\">\n<div class=\"\">\n<div class=\"title\">\n<h4 class=\"fw-lighter mb-10\">   Get <b style=\"font-weight: 700\">Enterprise<\/b> daily   <\/h4>\n<\/p><\/div>\n<p class=\"mb-10\">The roundup of news and trends that move your markets and shape corporate agendas delivered straight to your inbox.<\/p>\n<p>  <a target=\"_blank\" href=\"\/egypt\/en\/user\/NewsLetters\" type=\"button \" class=\"btn-green px-3 d-flex align-items-center\">Subscribe here<\/a>  <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">***<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">YOU\u2019RE READING EnterpriseAM MENA <> India, your C-suite briefing on the movement of trade, investment, people, and ideas along one of the world\u2019s most exciting corridors. Every Monday, Wednesday, and Friday at 2:30pm UAE, we dive deep into the business, finance, economy, and policy headlines and trendlines that will move markets and set the tone for your day. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Were you forwarded this briefing? <\/strong><a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/mena-india\/newsletters\/\" style=\"\">Tap or click here to sign up without charge for your own<\/a><a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/mena-india\/newsletters\/\" style=\"\">copy.<\/a> <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">***<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">Data point<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>USD 23 bn \u2014 <\/strong><strong>this<\/strong><strong> was the size of India\u2019s auto exports in FY 2025.<\/strong> The automotive component industry grew at a compound annual growth rate of about 14% between FY 2020 and FY 2025 to reach roughly USD 80 bn, with exports rising 1.5x to nearly USD 23 bn, according to a <a target=\"_blank\" href=\"https:\/\/www.bcg.com\/publications\/2026\/india-reimagining-next-gen-auto-component-manufacturing\" style=\"\">joint study<\/a> by the Automotive Component Manufacturers Association of India and Boston Consulting Group. Saudi Arabia and the UAE are among the top five export destinations for India\u2019s auto industry. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\"> Happening next week<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The<\/strong> <strong><a target=\"_blank\" href=\"https:\/\/impact.indiaai.gov.in\/\" style=\"\">India AI Impact Summit 2026<\/a><\/strong> <strong> will kick off in New Delhi on<\/strong><strong> Monday and run through <\/strong><strong>Friday<\/strong><strong> (20 February) at Bharat Mandapam<\/strong>. The event is positioned as the first global AI Summit to be held in the Global South. Prime Minister Narendra Modi is scheduled to address the main plenary on 19 February.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>World leaders<\/strong> attending the event include Brazil's Luiz In\u00e1cio Lula da Silva, France's Emmanuel Macron, Estonia's Alar Karis, Slovakia's Peter Pellegrini, Sri Lanka's Anura Kumara Dissanayake, Serbia's Aleksandar Vucic, and Switzerland's Guy Parmelin.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Big tech CEOs expected to attend<\/strong> include Sundar Pichai, Sam Altman, Jensen Huang, Dario Amodei, and Demis Hassabis, among others.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>***<\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>We\u2019re hiring a technology reporter:<\/strong> EnterpriseAM is looking for a tech reporter to own the beat across Egypt, the UAE, Saudi Arabia and beyond.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>This is a reporting job \u2014 not a desk job.<\/strong> You\u2019ll be working sources, breaking stories, and writing about trendlines (not just headlines) in our voice and with the authority our readers expect. AI and digital infrastructure are huge features of the beat, but our interests are broad: fintech, telecoms, regulation, SaaS, and the bajillion ways tech is reshaping how businesses operate across the region.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>We want someone who can pick up the phone or WhatsApp<\/strong>, get people talking, and turn what they say into stories that senior decision-makers need to read. We also expect you to attend industry events and maintain relationships with PR folks across the industry without selling out. If you\u2019ve got 2-3 years of experience and the hunger to build a beat from the ground up, we want to hear from you. We\u2019re also interested in hearing from veteran reporters. Spoken Arabic is strongly preferred.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The role is based in Cairo<\/strong>, though we\u2019re open to remote for the right candidate. If you\u2019re reading EnterpriseAM, you know what we\u2019re about: A no-BS daily news outlet that tells busy execs, investors, founders, and ambitious people what they need to know about the trends shaping business, economy, finance, regulation, and public policy across our region. We write stories that have impact \u2014 about issues that matter \u2014 for a global audience of decisionmakers.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Do we sound like the type of place where you want work?<\/strong> Send your CV and three clips to jobs@enterpriseamea.com. Also enclose a great cover letter that tells us who you are, what you do, and why you\u2019d be a great fit for this job.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>***<\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\"> The big story abroad<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Markets are still dominating the conversation in the international business press<\/strong>, with all eyes on the <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/us-stocks-futures-edge-higher-data-eases-economic-worries-2026-02-12\/\" style=\"\">tech rout<\/a> that continues to hit US stocks, after the tech-heavy Nasdaq fell 2% yesterday and the S&P 500 fell 1.6%. This came as Cisco\u2019s share price fell 12.3% after it missed its earnings targets, reigniting concerns around the impact of AI on existing industries. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>In another sign that AI is becoming too big to ignore<\/strong>, Anthropic has now <a target=\"_blank\" href=\"https:\/\/www.cnbc.com\/2026\/02\/12\/anthropic-closes-30-billion-funding-round-at-380-billion-valuation.html\" style=\"\">raised<\/a> the second largest private tech fundraising round on record, with a USD 30 bn round raised at a USD 380 bn valuation, following OpenAI\u2019s USD 40 bn round last year. The round was co-led by US investment firm Coatue and Singapore sovereign wealth fund GIC, as well as other investors like ICONIQ and Abu Dhabi AI investor MGX, and includes previous allocations from Microsoft and Nvidia. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Also: The US administration <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.reuters.com\/legal\/litigation\/trump-administration-set-revoke-basis-us-climate-regulation-2026-02-12\/\" style=\"\">repealed<\/a><\/strong><strong> Obama-era policies that required automakers to measure and report their greenhouse gas emissions<\/strong>, with US President Donald Trump claiming it\u2019s a \u201cdisastrous\u201d policy that \u201cseverely damaged the American auto industry and drove up prices for American consumers.\u201d<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">A<strong>ND CLOSER TO HOME- Saudi Arabia <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2026-02-12\/saudi-arabia-names-pif-head-as-minister-overseeing-fdi-push\" style=\"\">replaced<\/a><\/strong><strong> its investment minister<\/strong>, appointing Fahad Al Seif, head of investment strategy and global capital finance at the Public Investment Fund, at the helm of the ministry, and removing his predecessor Khalid Al Falih, who held the role since 2020. The move came as part of a wider cabinet reshuffle that also saw changes in the judicial and grievances spheres. It also comes as the Kingdom reassesses its spending priorities and continues to prioritize attracting investments for the purposes of economic diversification. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\"> Market watch<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <a id=\"wwtt3\"><\/a> <strong>The International Energy Agency (IEA) has cut its 2026 global oil demand <\/strong><strong>growth forecast to 850k bbl \/ d, a 80k bbl \/ d drop from last month<\/strong>, due to economic uncertainty and higher oil prices, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/energy\/global-oil-demand-rise-by-less-than-expected-2026-iea-says-2026-02-12\/\" style=\"\">Reuters<\/a> reports, citing the agency\u2019s <a target=\"_blank\" href=\"https:\/\/www.iea.org\/reports\/oil-market-report-february-2026\" style=\"\">latest monthly report<\/a>. Supply growth was also trimmed to 2.4 mn bbl \/ d from 2.5 mn bbl \/ d, but still runs far ahead of demand. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The gap:<\/strong> The agency now sees global supply exceeding demand by 3.73 mn bbl \/ d this year, close to <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/uae\/2026\/01\/22\/this-morning-uae-bond-yields-spike-amid-global-bond-rout-abu-dhabis-limad-is-now-the-owner-of-mclaren-stake\/\" style=\"\">last month<\/a> \u2019s projection and equal to roughly 4% of global demand.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Opec is telling a different story \u2014 as usual:<\/strong> The group held its demand growth outlook steady, penciling in a rise of 1.38 mn bbl \/ d, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/energy\/opec-sees-world-demand-opec-crude-falling-second-quarter-2026-02-11\/\" style=\"\">Reuters<\/a> reported, citing the group\u2019s <a target=\"_blank\" href=\"https:\/\/ent.news\/2026\/2\/852.pdf\" style=\"\">latest monthly report (pdf)<\/a>. That\u2019s some 530k bbl \/ d in disagreement with the IEA, according to our calculations. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>But even Opec\u2019s own numbers point to near-term softness for its barrels.<\/strong> Demand for Opec+ crude is expected to fall by 400k bbl \/ d in 2Q, with group demand averaging 42.2 mn bbl \/ d, down from 42.6 mn bbl \/ d in 1Q. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Why this matters:<\/strong> This all comes as we wait for Opec+'s decision for supply after 1Q ends and the pause they said they would take seemingly expires, especially as any abrupt hikes risk turning a manageable surplus into a price problem. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\"> Circle your calendar<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Check out our full calendar on the web<\/strong> for a comprehensive listing of upcoming news events, national holidays and news triggers.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Plus: IEA cuts 2026 oil demand outlook; surplus still near 4% of global demand<\/p>\n","protected":false},"author":1,"featured_media":87455,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[2403],"tags":[2458,2795,2409,2402,2659,2438,2626,2771,2401],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-87454","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-what-were-tracking-today","tag-aviation","tag-crude","tag-energy","tag-enterpriseam-india","tag-india-gcc-corridor","tag-investment","tag-ma","tag-oil-gas","tag-what-were-tracking-today","wpautop","entry"],"acf":{"mongo_id":"4f7a6b50-bc4b-4312-9588-02d04812cbdb","order":"2","is_powered_by":false,"story_type":"4","photo_url":"https:\/\/ent.news\/2026\/2\/889.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Petronet seeks softer US LNG terms; UAE\u2019s Trueledger eyes stake in Silverline","related_issue":[87452],"teaser":"Plus: IEA cuts 2026 oil demand outlook; surplus still near 4% of global demand"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>THIS AFTERNOON: Petronet presses for lower prices and flexible terms for US LNG purchases; Trueledger eyes up to 20% stake in Silverline - MENA India Corridors<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/mena-india\/2026\/02\/13\/this-afternoon-petronet-presses-for-lower-prices-and-flexible-terms-for-us-lng-purchases-trueledger-eyes-up-to-20-stake-in-silverline\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"THIS AFTERNOON: Petronet presses for lower prices and flexible terms for US LNG purchases; Trueledger eyes up to 20% stake in Silverline\" \/>\n<meta property=\"og:description\" content=\"Plus: IEA cuts 2026 oil demand outlook; surplus still near 4% of global demand\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/mena-india\/2026\/02\/13\/this-afternoon-petronet-presses-for-lower-prices-and-flexible-terms-for-us-lng-purchases-trueledger-eyes-up-to-20-stake-in-silverline\/\" \/>\n<meta property=\"og:site_name\" content=\"MENA India Corridors\" \/>\n<meta property=\"article:published_time\" content=\"2026-02-13T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2026\/2\/889.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"8 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/mena-india\/2026\/02\/13\/this-afternoon-petronet-presses-for-lower-prices-and-flexible-terms-for-us-lng-purchases-trueledger-eyes-up-to-20-stake-in-silverline\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/mena-india\/2026\/02\/13\/this-afternoon-petronet-presses-for-lower-prices-and-flexible-terms-for-us-lng-purchases-trueledger-eyes-up-to-20-stake-in-silverline\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/mena-india\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"THIS AFTERNOON: Petronet presses for lower prices and flexible terms for US LNG purchases; Trueledger eyes up to 20% stake in Silverline\",\"datePublished\":\"2026-02-13T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/mena-india\/2026\/02\/13\/this-afternoon-petronet-presses-for-lower-prices-and-flexible-terms-for-us-lng-purchases-trueledger-eyes-up-to-20-stake-in-silverline\/\"},\"wordCount\":1652,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/mena-india\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/mena-india\/2026\/02\/13\/this-afternoon-petronet-presses-for-lower-prices-and-flexible-terms-for-us-lng-purchases-trueledger-eyes-up-to-20-stake-in-silverline\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2026\/2\/889.jpg?fit=%2C&ssl=1\",\"keywords\":[\"AVIATION\",\"Crude\",\"ENERGY\",\"EnterpriseAM India\",\"India-GCC Corridor\",\"investment\",\"M&amp;A\",\"Oil &amp; Gas\",\"WHAT WE\u2019RE TRACKING TODAY\"],\"articleSection\":[\"WHAT WE\u2019RE TRACKING TODAY\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/mena-india\/2026\/02\/13\/this-afternoon-petronet-presses-for-lower-prices-and-flexible-terms-for-us-lng-purchases-trueledger-eyes-up-to-20-stake-in-silverline\/\",\"url\":\"https:\/\/enterpriseam.com\/mena-india\/2026\/02\/13\/this-afternoon-petronet-presses-for-lower-prices-and-flexible-terms-for-us-lng-purchases-trueledger-eyes-up-to-20-stake-in-silverline\/\",\"name\":\"THIS AFTERNOON: Petronet presses for lower prices and flexible terms for US LNG purchases; Trueledger eyes up to 20% stake in Silverline - MENA India Corridors\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/mena-india\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/mena-india\/2026\/02\/13\/this-afternoon-petronet-presses-for-lower-prices-and-flexible-terms-for-us-lng-purchases-trueledger-eyes-up-to-20-stake-in-silverline\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/mena-india\/2026\/02\/13\/this-afternoon-petronet-presses-for-lower-prices-and-flexible-terms-for-us-lng-purchases-trueledger-eyes-up-to-20-stake-in-silverline\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2026\/2\/889.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2026-02-13T00:00:00+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/mena-india\/2026\/02\/13\/this-afternoon-petronet-presses-for-lower-prices-and-flexible-terms-for-us-lng-purchases-trueledger-eyes-up-to-20-stake-in-silverline\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/mena-india\/2026\/02\/13\/this-afternoon-petronet-presses-for-lower-prices-and-flexible-terms-for-us-lng-purchases-trueledger-eyes-up-to-20-stake-in-silverline\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/mena-india\/2026\/02\/13\/this-afternoon-petronet-presses-for-lower-prices-and-flexible-terms-for-us-lng-purchases-trueledger-eyes-up-to-20-stake-in-silverline\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2026\/2\/889.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2026\/2\/889.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/mena-india\/2026\/02\/13\/this-afternoon-petronet-presses-for-lower-prices-and-flexible-terms-for-us-lng-purchases-trueledger-eyes-up-to-20-stake-in-silverline\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/mena-india\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"THIS AFTERNOON: Petronet presses for lower prices and flexible terms for US LNG purchases; Trueledger eyes up to 20% stake in Silverline\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/mena-india\/#website\",\"url\":\"https:\/\/enterpriseam.com\/mena-india\/\",\"name\":\"EnterpriseAM-MENA-India-Corridor\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/mena-india\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/mena-india\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/mena-india\/#organization\",\"name\":\"EnterpriseAM-MENA-India-Corridor\",\"url\":\"https:\/\/enterpriseam.com\/mena-india\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/mena-india\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/84573.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/84573.svg\",\"caption\":\"EnterpriseAM-MENA-India-Corridor\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/mena-india\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/mena-india\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/mena-india\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"THIS AFTERNOON: Petronet presses for lower prices and flexible terms for US LNG purchases; Trueledger eyes up to 20% stake in Silverline - MENA India Corridors","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/mena-india\/2026\/02\/13\/this-afternoon-petronet-presses-for-lower-prices-and-flexible-terms-for-us-lng-purchases-trueledger-eyes-up-to-20-stake-in-silverline\/","og_locale":"en_US","og_type":"article","og_title":"THIS AFTERNOON: Petronet presses for lower prices and flexible terms for US LNG purchases; Trueledger eyes up to 20% stake in Silverline","og_description":"Plus: IEA cuts 2026 oil demand outlook; surplus still near 4% of global demand","og_url":"https:\/\/enterpriseam.com\/mena-india\/2026\/02\/13\/this-afternoon-petronet-presses-for-lower-prices-and-flexible-terms-for-us-lng-purchases-trueledger-eyes-up-to-20-stake-in-silverline\/","og_site_name":"MENA India Corridors","article_published_time":"2026-02-13T00:00:00+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2026\/2\/889.jpg?fit=%2C&ssl=1","type":"","width":"","height":""}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"8 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/mena-india\/2026\/02\/13\/this-afternoon-petronet-presses-for-lower-prices-and-flexible-terms-for-us-lng-purchases-trueledger-eyes-up-to-20-stake-in-silverline\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/mena-india\/2026\/02\/13\/this-afternoon-petronet-presses-for-lower-prices-and-flexible-terms-for-us-lng-purchases-trueledger-eyes-up-to-20-stake-in-silverline\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/mena-india\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"THIS AFTERNOON: Petronet presses for lower prices and flexible terms for US LNG purchases; Trueledger eyes up to 20% stake in Silverline","datePublished":"2026-02-13T00:00:00+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/mena-india\/2026\/02\/13\/this-afternoon-petronet-presses-for-lower-prices-and-flexible-terms-for-us-lng-purchases-trueledger-eyes-up-to-20-stake-in-silverline\/"},"wordCount":1652,"publisher":{"@id":"https:\/\/enterpriseam.com\/mena-india\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/mena-india\/2026\/02\/13\/this-afternoon-petronet-presses-for-lower-prices-and-flexible-terms-for-us-lng-purchases-trueledger-eyes-up-to-20-stake-in-silverline\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2026\/2\/889.jpg?fit=%2C&ssl=1","keywords":["AVIATION","Crude","ENERGY","EnterpriseAM India","India-GCC Corridor","investment","M&amp;A","Oil &amp; Gas","WHAT WE\u2019RE TRACKING TODAY"],"articleSection":["WHAT WE\u2019RE TRACKING TODAY"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/mena-india\/2026\/02\/13\/this-afternoon-petronet-presses-for-lower-prices-and-flexible-terms-for-us-lng-purchases-trueledger-eyes-up-to-20-stake-in-silverline\/","url":"https:\/\/enterpriseam.com\/mena-india\/2026\/02\/13\/this-afternoon-petronet-presses-for-lower-prices-and-flexible-terms-for-us-lng-purchases-trueledger-eyes-up-to-20-stake-in-silverline\/","name":"THIS AFTERNOON: Petronet presses for lower prices and flexible terms for US LNG purchases; Trueledger eyes up to 20% stake in Silverline - MENA India Corridors","isPartOf":{"@id":"https:\/\/enterpriseam.com\/mena-india\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/mena-india\/2026\/02\/13\/this-afternoon-petronet-presses-for-lower-prices-and-flexible-terms-for-us-lng-purchases-trueledger-eyes-up-to-20-stake-in-silverline\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/mena-india\/2026\/02\/13\/this-afternoon-petronet-presses-for-lower-prices-and-flexible-terms-for-us-lng-purchases-trueledger-eyes-up-to-20-stake-in-silverline\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2026\/2\/889.jpg?fit=%2C&ssl=1","datePublished":"2026-02-13T00:00:00+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/mena-india\/2026\/02\/13\/this-afternoon-petronet-presses-for-lower-prices-and-flexible-terms-for-us-lng-purchases-trueledger-eyes-up-to-20-stake-in-silverline\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/mena-india\/2026\/02\/13\/this-afternoon-petronet-presses-for-lower-prices-and-flexible-terms-for-us-lng-purchases-trueledger-eyes-up-to-20-stake-in-silverline\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/mena-india\/2026\/02\/13\/this-afternoon-petronet-presses-for-lower-prices-and-flexible-terms-for-us-lng-purchases-trueledger-eyes-up-to-20-stake-in-silverline\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2026\/2\/889.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2026\/2\/889.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/mena-india\/2026\/02\/13\/this-afternoon-petronet-presses-for-lower-prices-and-flexible-terms-for-us-lng-purchases-trueledger-eyes-up-to-20-stake-in-silverline\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/mena-india\/"},{"@type":"ListItem","position":2,"name":"THIS AFTERNOON: Petronet presses for lower prices and flexible terms for US LNG purchases; Trueledger eyes up to 20% stake in Silverline"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/mena-india\/#website","url":"https:\/\/enterpriseam.com\/mena-india\/","name":"EnterpriseAM-MENA-India-Corridor","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/mena-india\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/mena-india\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/mena-india\/#organization","name":"EnterpriseAM-MENA-India-Corridor","url":"https:\/\/enterpriseam.com\/mena-india\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/mena-india\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/84573.svg","contentUrl":"https:\/\/ent.news\/internal\/84573.svg","caption":"EnterpriseAM-MENA-India-Corridor"},"image":{"@id":"https:\/\/enterpriseam.com\/mena-india\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/mena-india\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/mena-india\/author\/enterpriseam\/"}]}},"featured_image_src":"https:\/\/i0.wp.com\/ent.news\/2026\/2\/889.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2026\/2\/889.jpg?resize=600%2C600&ssl=1","author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/mena-india\/author\/enterpriseam\/"},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/ent.news\/2026\/2\/889.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/mena-india\/wp-json\/wp\/v2\/posts\/87454","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/mena-india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/mena-india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/mena-india\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/mena-india\/wp-json\/wp\/v2\/comments?post=87454"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/mena-india\/wp-json\/wp\/v2\/posts\/87454\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/mena-india\/wp-json\/wp\/v2\/issue\/87452"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/mena-india\/wp-json\/wp\/v2\/media\/87455"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/mena-india\/wp-json\/wp\/v2\/media?parent=87454"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/mena-india\/wp-json\/wp\/v2\/categories?post=87454"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/mena-india\/wp-json\/wp\/v2\/tags?post=87454"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/mena-india\/wp-json\/wp\/v2\/brand?post=87454"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/mena-india\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=87454"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}