Abu Dhabi, May 15 (IANS) Prime Minister Narendra Modi and UAE President Sheikh Mohammed bin Zayed Al Nahyan on Friday agreed to launch new initiatives to promote a comprehensive energy partnership. In this context, they welcomed the conclusion of a Strategic Collaboration Agreement between Indian Strategic Petroleum Reserves Limited and Abu Dhabi National Oil Company to enhance the UAE’s participation in India’s Strategic Petroleum Reserves to 30 million barrels, and to work together to s…
Latest Indian Strategic Petroleum Reserves Limited News & Updates
New Delhi, Feb 9 (IANS) Foreign Secretary Vikram Misri said on Monday that India’s energy sourcing decisions are guided by national interest, with an emphasis on diversification and competitive pricing. These remarks responded to reports suggesting that India may reduce Russian oil imports after announcing an interim trade agreement with the United States. In response to questions regarding Russian crude, the Foreign Secretary emphasised that, as a developing economy and significant net import…