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India considering LNG import from Cada

Sentinel Digital DeskBy : Sentinel Digital Desk

  |  8 July 2015 12:00 AM GMT

New Delhi, July 7 : India is considering importing liquefied tural gas from Cada towards meeting its requirements, the petroleum ministry said on Tuesday, following the second India-Cada Ministerial Energy Dialogue in Calgary. Petroleum Minister Dharmendra Pradhan met Cadian tural Resources Minister Greg Rickford to discuss enhancing energy cooperation between the two countries, a statement said.
“Cada could potentially supply a significant amount of the 44 billion cubic metres of tural gas that India is forecast to import annually by 2025,” the ministry said. The areas of cooperation discussed at the meeting on Sunday included oil, tural gas, clean energy, power transmission and skill development, the statement added. State-run oil marketer Indian Oil Corp has taken a 10 percent stake in an integrated LNG project - the Pacific NorthWest LNG proposed at Lelu Island, British Columbia, the ministry said. “India and Cada share common values and ideals and believe in long-term sustained partnerships. Our energy cooperation is steadily growing but the potential is much higher - Let’s convert the potential into reality,” the statement quoted Pradhan as saying at the meeting. Rickford said: “Cada’s growing energy relationship with India is helping create jobs and long-term prosperity for both of our countries.” (IANS)

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