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Dhanbad March 27 India (PTI), you can more closely to the security of energy supply to achieve, if we succeed in the networking of their indigenous hydrocarbons knowledge base with the best, which in the World, the former oil minister, Mani Shankar Aiyar said today.
Network indigenous knowledge with the best in the world is the first and most important challenge for the energy security of India, he said in his convocation of the Indian School of Mines.
The second major goal is the networking experiences with the World Indigenous Indian experience, which means that the establishment of partnerships with oil majors and other prospects for the production of oil and gas offshore and onshore and an improved policy framework.
He also welcomed the decade of New Exploration Licensing Policy, which has not only spurred burgeoging an Indian private sector in exploration and production, but also at several international players.
“Indeed, NELP-V in 2005, has attracted many foreigners, as well as previous deals NELP four commandments,” said Aiyar, the Minister of the Union is in the process of Panchayati Raj and Youth and Sports
Tags: convocation, energy security, energy supply, indian private sector, mani shankar aiyar, oil and gas, onshore, prospects, raj, school of mines |
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Union Panchayati Raj Minister Mani Shankar Aiyar said on Monday, India, each afraid of confrontation against the mine oil-importing countries of OPEC (Organization of Petroleum Exporting Countries). "What we need is a dialogue between producers and consumers, the recognition that the security of energy supply in Asia, as in many of the security of supply for Asian buyers of security in the demand for Asian suppliers. These mutual exchanges, whether by mutual consent Investment allow interdependence, is the only guarantor of security of energy supply in time.
Delivering the convocation address in the India School of Mines in Dhanbad,
Laying stress on finding new oil resources and, accordingly, energy savings of the future plan for the country on an equal footing with the nations of the world, the Union of Youth, Minister Mani Shankar Aiyar to youth for the presentation of empirical studies to keep the tricolour Flying High.
? Poverty can be eradicated only if new oil fields are found, so that the country can save a lot of import? Aiyar said here on the occasion of the 28 Convocation of the India School of Mines.
The country is moving forward by leaps and bounds of their commendable work in
"Asia must recognize that the oil and gas in Asia is already, which was the coal and iron ore in Europe, there are a few decades, then one of main founders of the European Union, "said Aiyar, while students at the Xavier Institute of Management (XIM) here on the future of the energy sector in India. "Organizing Committee of the Asia Oil and Gas, the community was the need of the hour, as it can be the starting point for the establishment of a union in Asia, he said.
Aiyar said he had convened a meeting of oil ministers of China,
India has opted for capital account convertibility sooner than later, Securities and Exchange Board of India chairman M Damodaran said.
Economist Stiglitz, Nobel laureate 2001, on a tour of India, the country has warned against all convertiblity to say, it could lead to instability.
But Mr. Damodaran said: "It is a matter of proof that India is the financial system is strong, and showing that we do not have a banana republic, which are not against storms, which can be taken to and from "
He spoke in Chennai on Friday to Samanvay 2007, management fees annual Festival of IIT Madras' Department of
CHENNAI: India expressed its support for the convertibility of the capital account sooner than later, Securities and Exchange Board of India said the president of M Damodaran.
Economist Stiglitz, Nobel laureate in 2001, is currently on a tour of India, has warned against his country closer to full convertiblity say that it is perhaps too instability.
But Mr. Damodaran said: "It is a matter of time that India is the financial system is robust and showing that we are not in a banana republic, which are not directed against storms that can be taken Now and then "
He spoke
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