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India is looking to fortify their energy needs and they are looking to the USA for large scale importation of liquified shale gas. This has some very positive implications for foreign trades concerns but how does it play out with our own energy policy and development?
India is looking at the possibility of importing liquefied shale gas from the US, as part of efforts to look at alternative sources to meet its energy security needs.
The matter came up during discussions that Indian officials held with Carlos Pascual, the US special envoy for international energy affairs, here Tuesday.
“The possibility of export of shale gas in liquefied form from the US to India was also discussed. We understand that it is expected the US will positively respond to it,” India’s external affairs ministry (MEA) officials said Wednesday.
Pascual led a US delegation, which met a composite Indian team led by MEA Joint Secretary (Americas) Jawed Ashraf and which included officials from the petroleum and natural gas, new and renewable energy resources, and power ministries and the Planning Commission.
Pascual was here to discuss alternate sources of crude supplies to India, and his visit came within a week of US Secretary of State Hillary Clinton’s trip when she had raised the issue of India’s oil imports from Iran and expressed the hope that these would be reduced.
What do you think of extracting shale gas? Comment below.
