Cabinet approves MoU between India and Brazil for cooperation in the oil and natural gas sector
New Delhi/IBNS: The Union Cabinet, chaired by the Prime Minister Narendra Modi, has given its approval for the signing of the Memorandum of Understanding (MoU) between Republic of India and Federative Republic of Brazil on cooperation in the field of oil and natural gas.
The MoU will enhance cooperation between the two sides in oil and natural gas sector. Under the MoU, both sides will work towards establishing cooperation in the E&P initiatives in Brazil and India, research & development in this sector, explore collaboration in Liquefied Natural Gas projects in Brazil, India and third countries, and also encourage collaboration in oil energy and environmental issues, including energy policies such as energy efficiency, energy research development and expansion of the regional energy infrastructure networks.
The MoU is expected to be signed during the visit of President of Brazil to India later this month.
Support Our Journalism
We cannot do without you.. your contribution supports unbiased journalism
IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.
Support objective journalism for a small contribution.
