Business

Discussions Between Asian Suppliers and Consumers of Oil and Natural Gas

Discussions Between Asian Suppliers and Consumers of Oil and Natural Gas

Discussions Between Asian Suppliers and Consumers of Oil and Natural Gas

The Minister of State (I/C) for Petroleum & Natural Gas Shri Dharmendra Pradhan informed the Rajya Sabha in a written reply today that the Government encourages engagements at multiple levels with oil and gas producing countries and global multi-lateral organizations active in the energy domain on a continuing basis, as a part of the overall policy efforts towards boosting India’s energy security. India’s dialogue with the member countries of International Energy Forum (IEF) has been useful from the point of view of gaining an enhanced understanding of global energy dynamics, particularly in the context of high crude / gas prices prevalent till mid-2014 and the volatility in the crude markets since mid-2014.

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