Wait...
Search Global Export Import Trade Data
Recent Searches: No Recent Searches

US President Donald Trump looks to increase energy exports to India.


Date: 28-06-2017
Subject: US President Donald Trump looks to increase energy exports to India
NEW DELHI: US plans to export more natural gas, clean coal and renewable resources and technologies to India to fuel the country’s growing energy demand and strengthen ties between the two countries, according to an Indo-US joint statement. 

"President Trump affirmed that the United States continues to remove barriers to energy development and investment in the United States and to US energy exports so that more natural gas, clean coal, and renewable resources and technologies are available to fuel India’s economic growth and inclusive development,” President Donald Trump said in after meeting Prime Minister Narendra Modi. 

The shale revolution has placed US in a strong position to export gas to countries like India that are low on fossil fuel resources but have a rapidly rising demand for oil. The two leaders have affirmed the continued importance of their strategic energy partnership and supported financing of energy projects, including clean coal projects, by Multilateral Development Banks to promote universal access to affordable and reliable energy. 

They looked forward to conclusion of contractual agreements between Westinghouse Electric Company and the Nuclear Power Corporation of India for six nuclear reactors in India and also related project financing, according to the statement. "The leaders called for a rational approach that balances environment and climate policy, global economic development, and energy security needs,” as per the joint statement. 

US plans to export more liquefied natural gas (LNG) to India and is negotiating for a higher price, Trump said in a separate press remark. 

"We’re also looking forward to exporting more American energy to India as your economy grows, including major long-term contracts to purchase American natural gas, which are right now being negotiated, and we will sign them. Trying to get the price up a little bit,” Trump said. 

India already has long-term gas import deal with US. State-run GAIL has a contract to buy 3.5 million tonnes per annum (mtpa) of LNG for 20 years from Cheniere Energy and has also booked capacity for another 2.3 mtpa at Dominion Energy's Cove Point liquefaction plant. GAIL expects to receive supplies from early next year.

Source: economictimes.indiatimes.com

Get Sample Now

Which service(s) are you interested in?
 Export Data
 Import Data
 Both
 Buyers
 Suppliers
 Both
OR
 Exim Help
+


What is New?

Date: 06-09-2024
Notification No. 42/2024-Customs
Seeks to rescind Notification No. 26/2011-Customs, dated 01.03.2011

Date: 02-09-2024
Notification No. 22/2024-Central Excise
Seeks to amend No. 18/2022-Central Excise, dated the 19th July, 2022 to exempt export of ATF from the Special Additional Excise Duty when exported to Bhutan.

Date: 02-09-2024
Notification No. 23/2024-Central Excise
Seeks to amend No. 04/2022-Central Excise, dated the 1 30th June , 2022 to exempt export of Petrol and Diesel from the Special Additional Excise Duty when exported to Bhutan.

Date: 02-09-2024
Notification No. 24/2024-Central Excise
Seeks to amend No. 10/2022-Central Excise, dated the 30th June , 2022 to exempt export of Petrol and Diesel from the RIC when exported to Bhutan.

Date: 30-08-2024
Notification No. 21/2024-Central Excise
Seeks to amend No. 18/2022-Central Excise, dated the 19th July, 2022 to reduce the Special Additional Excise Duty on production of Petroleum Crude.

Date: 30-08-2024
Notification No. 56 /2024-CUSTOMS (N.T.)
Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver- Reg

Date: 23-08-2024
Notification No. 55/2024 – Customs (N.T.)
Notification No. 55/2024-Customs (N.T.) dated 23.08.2024 to amend Notification no 77/2023 -Customs (N. T.) dated 20.10.2023 (to revise the AIR of duty drawback of gold and silver jewellery/articles)

Date: 16-08-2024
Notification No. 20/2024-Central Excise
Seeks to amend No. 18/2022-Central Excise, dated the 19th July, 2022 to reduce the Special Additional Excise Duty on production of Petroleum Crude

Date: 14-08-2024
Notification No. 54/2024-CUSTOMS (N.T.)
Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver- Reg.

Date: 06-08-2024
NOTIFICATION No. 16/2024–Central Tax
Seeks to notify section 11 to 13 of Finance Act (No.1) 2024



Exim Guru Copyright © 1999-2024 Exim Guru. All Rights Reserved.
The information presented on the site is believed to be accurate. However, InfodriveIndia takes no legal responsibilities for the validity of the information.
Please read our Terms of Use and Privacy Policy before you use this Export Import Data Directory.

EximGuru.com

C/o InfodriveIndia Pvt Ltd
F-19, Pocket F, Okhla Phase-I
Okhla Industrial Area
New Delhi - 110020, India
Phone : 011 - 40703001