Courtesy: Government of Brazil/Wikimedia Commons
Brazil’s advantages – including resources of oil and gas, no historical baggage, an absence of terrorism and military conflicts – and regional leadership, make it a potential global power. But it also has to tackle many challenges in the medium-term, such as poverty, poor infrastructure, healthcare and education
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India’s domestic demand for natural gas is only growing. Prime Minister Narendra Modi’s is looking to convince the U.S. government to sell LNG to India by exempting it from the requirement of a compulsory Free Trade Agreement (FTA) during his September trip. Another source for LNG for India can be Russia which is currently facing western sanctions and is looking to Asia as a gas export destination. India can benefit from both
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In 'Latin America Update' Gateway House lists some of the important events in Latin America over the past month
Courtesy: Ministry of External Affairs, India
In 'India-Latin America Engagements', the Latin America Desk at Gateway House presents a selection of news of India’s engagement with the region during the previous month
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The issue of gas pricing is in the public discourse after the Aam Aadmi Party questioned the logic of linking domestic prices to global rates. In the absence of a single global marker price, it is time India, and other large importing countries in Asia, develop a pricing mechanism that reflects regional realities
Courtesy: Ministry of External Affairs, India
In 'India-Latin America Engagements', the Latin America Desk at Gateway House presents a selection of news of India’s engagement with the region during the previous month
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In recent years, U.S. oil and gas imports have declined due to the development of shale resources in the country. How will the production of shale oil, increase in oil production by non-OPEC countries, supply disruptions in West Asia and economic growth in India and China impact global crude oil prices?
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India’s oil imports from Latin America increased from 4.5% in 2003 to 11% in 2012-13. This marks a diversification in India’s energy policy. With Latin America’s surplus energy production and discoveries in off-shore oil fields, India must further consolidate its oil trade with the region
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India’s extreme dependence on imported energy often renders our economy vulnerable in the face of geopolitical changes. Given the high financial viability, India, being the world’s second-largest producer of sugarcane, should emulate Brazil by replacing petrol with ethanol as fuel.
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Brazil, despite the presence of good leadership, several consistent and successful development programs, and recording their lowest unemployment rate, witnessed widespread protests this June – triggers for which weren't conventional. What are the Brazilians protesting against, and what does it indicate?