Courtesy: Nandu Chitnis/Wikimedia Commons
Russia’s gas supply agreement with China represents a shift away from its traditional European markets, towards Asia. The deal presents a blue print that India can follow to secure its own energy supplies and by drawing Russia into the LNG business, India can help bring down natural gas prices
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
Courtesy: Ministry of External Affairs
As large importers of natural gas, India and Japan have a common interest in lower energy prices. The two Asian giants must work together – in North America, Australia and Africa – to help bring new supplies to the market
Courtesy: Pline/Wikimedia Commons
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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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
Talks between India and the delegations visiting this week from Saudi Arabia and Iran revolved around defence, energy, trade, and regional security. High level visitors to India from Bahrain last week also focused on the economy. It is in India’s interests to carry forward this momentum even after the general elections
Courtesy: European External Action Service
On November 24, the P5+1 and Iran reached a consensus on the interim agreement regarding Tehran’s long-disputed nuclear program. How comprehensive is this agreement, and what are its potential upshots for U.S., and West Asia – especially Israel and Saudi Arabia? More importantly, can India play a positive role?
Courtesy: Prime Minister's Office, India
The current political, strategic and economic scenarios, both regionally and internationally, present immense potential for India and Kazakhstan to enhance their engagement, qualitatively and quantitatively. Why must New Delhi and Astana forge stronger and deeper relations with each other?
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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