Tuesday, March 28, 2017

'Trump administration may approve major export of natural gas to India'

No decision yet has been taken on Trump administration's commitment to the Paris Agreement on climate change. And same is the case with the various co-cooperation that the US has been doing with other countries including India on clean energy and climate change issues, the official said on condition of anonymity.trump administration is expected to give its consent for major export of natural gas to energy-hungry India, a senior US official has said, underling that energy sector is likely to be a major area of bilateral co-operation."Watch for it," the official said. His comments came as US President Donald Trump is set to sign an executive order to wipe out his predecessor Barack Obama's climate change legacy.

No decision yet has been taken on Trump administration's commitment to the Paris Agreement on climate change. And same is the case with the various co-cooperation that the US has been doing with other countries including India on clean energy and climate change issues, the official said on condition of anonymity.The official, however, said that energy sector is likely to be a major area of co-operation between India and the US.Minister of State for Petroleum and Natural Gas Dharmendra Pradhan, during his visit to the US this month, had discussed with new Energy Secretary Rick Perry the possibility of importing LNG from the US and Indian investment in the energy sector there.

 "The policy tomorrow will look back and look forward," the official told reporters on the eve of the signing of the clean energy executive order."Energy independence is the goal," the official said, adding that the new energy policy is driven by economy.Trump, the senior administration official said, believes that there are many clean energy policies of the Obama administration that should be reviewed or should be "taken off the books to the extent we can".The executive order would also provide a framework for Trump administration's strategy on energy such that each department and agency of the government will be responsible for identifying all regulations, all rules that serve as obstacle and impediments to domestic energy.


Read more for HNI Stock Tips- http://bit.ly/ace_services




























No comments:

Ace Investment Advisory - Latest News

Subscribe Now: Feed Icon

Share Tips,Nifty Future Tips,BSE,NSE Indian Stock Headline Animator