India’s Minister of State for Petroleum and Natural Gas, Dharmendra Pradhan recently visited Kazakhstan in order to discuss bilateral relations between the two countries.
Pradhan said in his statement that the cooperation in the energy sector was a major focus of deliberations.
ONGC Videsh is already working in collaboration with the state energy company of Kazakhstan KazMunaiGaz on the Satpayev block. Due to the progress on the project the exploratory drilling is expected to commence early next month. Both sides showed readiness to expand the cooperation in the area of hydrocarbons.
“Various proposals are currently under discussions between the two sides. We also agreed to conduct a feasibility study on transportation of crude oil and gas from Kazakhstan to India via pipeline or as LNG,” Pradhan said.
India and Kazakhstan have decided to establish a Joint Working Group on connectivity which would look at all aspects of this issue.
With the opening of the rail link between Iran-Turkmenistan and Kazakhstan, the countries will explore the possibility of this route being developed as a linked corridor to the International North South Transport Corridor, stands in the statement.
LNG World News Staff; Image: pib.nic.in