Economy

India, US agree to enhance cooperation on hydrocarbons

Our Bureau New Delhi | Updated on January 17, 2018 Published on July 19, 2016

Minister of State (Independent Charge) for Petroleum and Natural Gas Dharmendra Pradhan (file pic)

Minister of State (Independent Charge) for Petroleum and Natural Gas Dharmendra Pradhan, and US Secretary for Energy Ernest Moniz, agreed to enhance technical and institutional cooperation specific to hydrocarbons and energy, according to an official statement issued here on Tuesday.

The two leaders met in Washington DC on Monday and agreed to cooperate on assessment and reassessment of conventional and unconventional hydrocarbon reserves in India, new technologies of bio-fuel and development of petroleum storage.

“Over the last decade, several areas of interest for cooperation like technology for production from marginal fields, shale structures, developing gas pipeline network, improving refinery efficiency had been identified.

During the meeting on Monday, the two Ministers agreed that there is a need for regular meetings of officials and experts from both sides,” an official statement from the Ministry of Petroleum and Natural Gas said.

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Published on July 19, 2016
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