Courtesy: Penn State Outreach/Flickr
The significant shale gas deposits held by several countries, including India, have implications for global energy prices, geopolitics and climate change. But India needs to develop a strong shale gas policy that can help in lowering its trade deficit while ensuring sustainable development.
Courtesy: NRCgov/ Flickr
India-U.S. bilateral trade stands to benefit if U.S. Secretary of State John Kerry is able to seek clarification on the specificities of the Civil Liability for Nuclear Damage Act and alleviate the worries of American energy companies which fear paying monetary damages without limit in the event of a nuclear accident
This daily column includes Gateway House’s Badi Soch – big thought – of the day’s foreign policy events. Today’s focus is on Platts which is under investigation by the EU for allegedly manipulating crude oil prices.
As India looks to diversify its sources for energy imports and grapples with food security issues, it is looking more towards Latin America. Gateway House interviews Ambassador Deepak Bhojwani to discuss India’s prospects with this increasingly significant region.
Courtesy: The White House
Apart from bilateral ties, also at play at the India-U.S. Strategic dialogue is the difficult triangulation in India’s relations with the U.S. and Iran. It does not serve India to get enmeshed in the U.S-Iran confrontation. Instead, the relationship must develop on the basis of realpolitik and mutual interest.
Courtesy: PMO
Although political discourse around Iranian sanctions is binary and stark in Washington, the reality of India's actions within its bilateral framework with Iran is complex. India is engaged in an excruciating tightrope walk, and has to defend its choices and compulsions with ardour.
Courtesy: Michael Trolove/WikimediaCommons
Growing instability in the region make the planned Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline seem more like a burden than a solution to India’s hunt for alternative energy sources. Is it wise for India to move ahead with the $7.6 billion project?
India’s relations with Russia have to be set against the broader strategic landscape of India’s security issues and geopolitical priorities, especially in Central Asia and Afghanistan, where Russia is a key player. An increase in private sector initiatives can also ensure greater cooperation in the years to come.
Courtesy: PMO
Indian Prime Minister Manmohan Singh’s visit to Dhaka was, by and large, a success; but poor internal coordination hampered the greater possibilities of the visit. India and Bangladesh can now explore new prospects, on maritime issues, oil and gas and environmental concerns in the Sundarbans.
In the global hunt for energy security, nuclear energy has grown increasingly relevant as countries struggle to find sustainable sources of energy. The ambitious plans to build the world’s biggest nuclear plant in Jaitapur may prove to be the litmus test that defines the role of nuclear energy in India's future.
