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English Release 24-October 2014
Date Month Year
  • Prime Minister's Office
  • PM salutes our brave ITBP personnel on the Raising Day of ITBP
  • Min of Health and Family Welfare
  • Dr Harsh Vardhan offers cooperation to Pakistan to end polio
  • Min of Petroleum & Natural Gas
  • Global crude oil price of Indian Basket was US$ 83.61 per bbl on 23.10.2014
  • Min of Road Transport & Highways
  • Electronic Toll Collection System to be Inaugurated on October 31, 2014
  • Min of Skill Development, Entrepreneurship, Youth Affairs and Sports
  • India’s Performance at 2nd Asian Para Games 2014 on 22nd and 23rd October, 2014
  • Min of Urban Development
  • Shri M.Venkaiah Naidu adopts Hudhud cyclone ravaged village of Andhra Pradesh for rehabilitation

Previous Date

 
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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