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Lok Sabha
Indo – US Energy Dialogue has been initiated. The Oil and Natural Gas Working Group under this dialogue has started discussions on the possible collaboration between India and United States of America (USA) on the issues of Research & Development in Gas Hydrates, Oil and Gas, Alternative Fuels, Coal Bed Methane, besides developing standards. Further, it was decided that the two countries will sign an agreement on Exchange of Information relating to Hydrocarbon Sector between the Department of Energy of USA and the Ministry of Petroleum and Natural Gas.
Another dialogue has been initiated between India and USA through the US-India business Council for technical and commercial collaboration in the area of expanding the knowledge base, Improved Oil Recoveries (IORs)/Enhanced Oil Recoveries (EORs), technical know-how for the Deccan Trap and commercial partnerships between US Oil majors and independent and India Oil Companies.
This information was given by Shri Mani Shankar Aiyar, Minister of Petroleum & Natural Gas and Panchayati Raj, in a written reply in the Lok Sabha today.
RCJ/KC/indo-US co-operation (11.8.05)
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