Sunday, 15 September 2013

Japan, India ageee on joint gas and oil development

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

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