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English Release 2-September 2014
Date Month Year
  • Vice President's Secretariat
  • Vice President Inaugurates 89th Foundation Course at Lal Bahadur Shastri National Academy of Administration in Mussoorie
  • Prime Minister's Office
  • Text of Prime Minister Shri Narendra Modi’s special lecture at the University of the Sacred Heart, Tokyo
  • PM’s remarks after inaugurating the TCS Japan Technology and Culture Academy
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  • Ministry of Finance
  • A High Level Committee Constituted for Considering the Proposals for Assessment of Income arising or accruing before 1st April, 2012 on Account of Retrospective Amendments to the Provisions Related to Indirect Transfer
  • Min of Petroleum & Natural Gas
  • Global crude oil price of Indian Basket was US$ 101.29 per bbl on 01.09.2014
  • Min of Tribal Affairs
  • “Single Window System” for Obtaining Market Information on Minor Forest Produces Through Toll Free Number 1800 180 1551

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Ministry of Petroleum & Natural Gas04-December, 2012 18:20 IST
Moily discusses possibilities of LNG Import Tie-up with Australian Energy Minister

Dr. Veerappa Moily has stressed the need for more tie-ups between oil companies of India and Australia to meet Liquefied Natural Gas (LNG) requirements of India. Dr Moily discussed here today, the possibilities of enhancing mutual cooperation, in hydrocarbon sector, with visiting Australian Minister Mr. Martin Ferguson, Minister for Energy, Tourism & Resources. In view of Australia augmenting its LNG supply capacity and rising demand for natural gas & up-coming LNG import facilities in India, the two leaders felt that this area offers tremendous opportunity to forge mutually beneficial tie-ups. Oil & gas currently account for 22% and 9 % respectively of India’s energy mix. The share of gas is expected to reach 20 % by 2025.

The visiting Minister also flagged the issues facing Australian companies operating in the up-stream chain of hydrocarbon sector. Indian side assured that Petroleum Ministry is actively pursuing resolution of those issues.

Petroleum Secretary Shri G. C. Chaturvedi was also present at the meeting.

***


RCJ/RKS
(Release ID :89929)

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