India | Egypt Oil & Gas - Part 15
Mozambique Received over $8b in Investments from India
India says it has invested more than $8b in Mozambique in recent years, a figure that represents about 25% of the Asian country’s investment in Africa.
UAE, India to Sign New Energy Agreements
India and the UAE envision signing a number of new agreements to boost bilateral cooperation in energy sector, notably in oil, gas and renewables projects.
India to Boost Africa’s Oil Imports
India seeks to expand its oil ties with African nations in order to lock in supplies at the time of low oil prices to be able to meet country's future demand.
Qatari Delivers First LNG Cargo to India’s Petronet
Qatar's RasGas Company has delivered the inaugural LNG cargo to India's Petronet LNG under its new 1m ton per annum (MTA) sales and purchase agreement (SPA).
India to Spend all $4.5b Budgeted for Petroleum Subsidies despite Oil Plunge
India is likely to spend all of its $4.5b originally earmarked for petroleum subsidies for the year through March, despite having budgeted for $70 a barrel rude that now costs around $30.
India Wins Discount on Qatari LNG Purchase
India's biggest gas importer, Petronet LNG has successfully renegotiated a deal to buy liquefied natural gas (LNG) from Qatar's Rasgas at a reduced price allowing the company to save about $605m a year in total.
India, Westinghouse to Sign Deal for 6 New Nuclear Power Plants
Delhi is expected to sign a deal with the US-based Westinghouse Electric Company LLC to build six nuclear reactors in India in the first half of 2016 to get country's $150b worth of nuclear power plans off the ground ... India’s Oil Imports on the Rise
India has shipped in 7.2% more oil in November, compared with a year ago, with Saudi Arabia as the top seller, and Iran's imports seeing the lowest level.
