India offers to share oil&gas pipeline experience with ASEAN

Tags: Asean, India, News
Keen to expand its energy trade with ASEAN, India today offered its capabilities and

RELATED ARTICLES

experience in laying oil and gas pipelines and power transmission networks to the grouping of South East Asian nations.

Minister of State for Petroleum and Natural Gas R P N Singh speaking at the 30th ASEAN Energy Ministers meeting in Cambodia underlined the need for energy security, energy conservation and closer integration of energy markets.

He emphasised on the close economic co-operation among the East Asian Countries as these together represent more than 50 percent of world's energy consumption, an official press statement issued here said.

Showcasing investment opportunities that exist in Indian petroleum sector, he said foreign companies can investment in exploration, refining as well as upcoming petrochemical complexes at Dahej in Gujarat and Mangalore in Karnataka and LNG import terminals at Kochi in Kerala and Ennore in Tamil Nadu.

"He also offered to share India's capabilities and experience in laying oil and gas pipelines and power transmission lines to ASEAN countries," the statement said.

Singh highlighted India's achievement in reducing vehicular pollution with introduction of Euro-III and Euro-IV fuels and increasing use of natural gas in the automobile sector.

On the sidelines of the meeting, he also held bilateral meetings with the Energy Ministers of Malaysia, Brunei, Myanmar and Indonesia, in which the issues relating to enhancement of supply of crude and natural gas to India were discussed.

The thrust of the meeting was on integrating ASEAN energy markets with its developmental partners through establishment of energy grids by laying high power transmission and gas pipelines.

Post new comment

E-mail ID will not be published
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.

EDITORIAL OF THE DAY

  • Sebi must not exempt listed SMEs from its mandatory disclosure norms

    The Securities and Exchange Board of India (Sebi) has amended clause 49 of the listing agreement, which lays down the obligation of companies toward t

FC NEWSLETTER

Stay informed on our latest news!

INTERVIEWS

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

Chander Mohan Sethi

CMD, Reckitt Benckiser India

COLUMNIST

Arun Nigavekar

Skills education can boost industry

India’s manufacturing industry matters a great deal for the economic ...

Rajgopal Nidamboor

How synchronous empathy helps us

All of us are in an undulating ‘hypnotic’ state. A ...

Gautam Gupta

In fashion, why quality must exceed quantity

Every time there’s a fashion week in India, my friends, ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture