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
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
Neelam Deo, Director, Gateway House, talks about the potential economic impact of the ongoing crisis in the Ukraine. In this interview, she also examines the aid packages offered to Ukraine by Russia and the West, and assesses how the situation will affect India’s trade relations
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.
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?