Economy

India, US announce joint task force on natural gas

Our Bureau New Delhi | Updated on April 17, 2018 Published on April 17, 2018

Dharmendra Pradhan, Union Minister for Petroleum and Natural Gas, along with Rick Perry, Secretary of Energy, US, before briefing the media on Indo-US Energy relations, in New Delhi on Tuesday   -  PTI

India and the United States of America announced the formation of a joint task force on natural gas aimed at increasing the share of gas in India’s primary energy mix.The announcement was made by US Secretary of Energy, Rick Perry. He said, “This task force will meet Prime Minister Narendra Modi on Monday [April 23].”

“Cooperation across the energy sector must be the cornerstone of our relationship,” Perry added.

An official statement said, “The task force provides a team of US and Indian industry experts with a mandate to propose, develop, and convey, innovative policy recommendations to the Government of India in support of its vision for natural gas in the country’s economy. The work of the task force is expected to advance the strategic and economic interests of both the United States and India.”

Perry and Minister for Petroleum and Natural Gas, Dharmendra Pradhan, also held discussions that outlined their vision for a Strategic Energy Partnership.

“Under the Partnership, the United States and India will pursue four primary pillars of cooperation. These are oil and gas; power and energy efficiency; renewable energy and sustainable growth; and coal. Both parties may consider establishing additional pillars of cooperation based on mutual agreement,” the statement added.

Published on April 17, 2018
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