After Trump’s India visit, Oil and gas imports from United States set to increase
New Delhi: Energy cooperation is emerging as a key pillar of Indo-US strategic partnership that has the potential to surpass bilateral defence agreements. President Donald Trump’s visit saw the conclusion of a pact for the supply of US gas to India.
Petroleum minister Dharmendra Pradhan described the energy ties as multifaceted, as India and the US signed the deal for strengthening collaboration between Indian Oil CorporationNSE -1.09 %, Exxon and Chart Industries for supplying liquefied natural gas.
The agreement will promote access to gas in areas where the current pipeline infrastructure has not been developed. Till the time that gas pipeline network is developed in the country transportation of gas through container is an efficient alternative.
