Japan and India have agreed to discuss ways to jointly develop untapped energy resources in Africa and South America.
The agreement came at a ministerial meeting of the 2 countries in New Delhi on Thursday. Japan was represented by Economy, Trade and Industry Minister Toshimitsu Motegi. India's representative, Montek Singh Ahluwalia, is the deputy chairman of a planning commission in charge of energy policy.The 2 countries want to procure liquefied natural gas and oil at lower prices. They will start discussions this year to formulate a strategy to develop oil and gas fields in Africa and South America.
Source: NewsOnJapan
Source: NewsOnJapan