India, Arab countries can partner to develop oil, gas reserves: Ministry of External Affairs

NEW DELHI: India and Arab countries, in the Gulf and West Asia, can explore the forging of partnerships and investments to develop the oil and gas reserves in India which would provide “win-win solutions”, a top official of the Ministry of External Affairs (MEA) said on Wednesday.

“We can explore the forging of partnerships and investments to develop the oil and gas reserves of India. Developing the significant fields in Kutch district, Cauvery basin, Mahanadi basin, Hugli basin and offshore locations in the Bay of Bengal will broaden hydrocarbon production and provide win-win solutions longer into the future,” said the MEA Secretary (CPV&OIA) Sanjay Bhattacharyya said at LEADS 2020 FICCI Seminar on Gulf and West Asia Reimagining Business Beyond Oil.

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