Cabinet nod for India-Brazil MoU in oil and gas sector


New Delhi, Jan 22 (IANS): The Union cabinet on Wednesday approved the signing of a memorandum of understanding (MoU) between India and Brazil on cooperation in the field of oil and natural gas.

The MoU will enhance cooperation between the two sides in the oil and natural gas sector, a cabinet statement said.

Under the MoU, both sides will work towards establishing cooperation in the exploration and production initiatives in Brazil and India, on research and development in the sector, as well as explore collaboration in liquefied natural gas (LNG) projects in Brazil, India and third countries.

According to the statement, both the countries will also encourage collaboration in oil energy and environmental issues, including energy policies such as energy efficiency, energy research development and expansion of the regional energy infrastructure networks.

"The MoU is expected to be signed during the visit of the President of Brazil to India later this month," it said.

 

  

Top Stories


Leave a Comment

Title: Cabinet nod for India-Brazil MoU in oil and gas sector



You have 2000 characters left.

Disclaimer:

Please write your correct name and email address. Kindly do not post any personal, abusive, defamatory, infringing, obscene, indecent, discriminatory or unlawful or similar comments. Daijiworld.com will not be responsible for any defamatory message posted under this article.

Please note that sending false messages to insult, defame, intimidate, mislead or deceive people or to intentionally cause public disorder is punishable under law. It is obligatory on Daijiworld to provide the IP address and other details of senders of such comments, to the authority concerned upon request.

Hence, sending offensive comments using daijiworld will be purely at your own risk, and in no way will Daijiworld.com be held responsible.