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US Energy Secretary to meet Dharmendra Pradhan
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SME Times News Bureau | 16 Apr, 2018
US Energy Secretary Rick Perry is arriving here on Monday to hold
bilateral talks with his Indian counterpart Dharmendra Pradhan on
enhancing energy cooperation.
His visit comes on the heels of the
conclusion of the 16th International Energy Forum (IEF) ministerial
here on Thursday that returned to India after a gap of 22 years and
which was attended by the US Under Secretary of Energy.
According
to a US Department of Energy statement issued in Washington, "the trip
will conclude with the inaugural Strategic Energy Partnership meeting
co-chaired by Secretary Perry and India's Minister of Petroleum and
Natural Gas Dharmendra Pradhan."
In the backdrop of the shale
oil and gas "revolution" in the US, the Indo-American energy cooperation
has been growing in the last few years.
The first liquefied
natural gas (LNG) shipment from the US, from the state of Texas, reached
India last month to provide a thrust to the country's move towards a
gas economy.
Earlier, the first oil shipment from America had also landed in Odisha.
State-run
gas utility GAIL India has signed a long-term contract to buy 3.5
million tonne of LNG per year for 20 years from Cheniere Energy of the
US and has also booked capacity for another 2.3 million tonne at
Dominion Energy's Cove Point liquefaction plant.
In this connection, The US-India Business Council (USIBC) has lauded the launch of the Strategic Energy Partnership.
"Energy
is an increasingly central pillar of the US-India commercial and
strategic relationship. Opportunities exist not only in oil and gas, but
in renewable energy, civil nuclear, infrastructure, efficiency, and
technologies such as energy storage and smart grids," a USIBC statement
said here. "USIBC member companies participating in the
delegation during Secretary Perry's visit to India include Westinghouse
and ExxonMobil," it added.
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Customs Exchange Rates |
Currency |
Import |
Export |
US Dollar
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66.20
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64.50 |
UK Pound
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87.50
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84.65 |
Euro
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78.25
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75.65 |
Japanese
Yen |
58.85 |
56.85 |
As on 13 Aug, 2022 |
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