(LiveMint)
As part of India’s push for a gas based economy, state run Indian Oil Corporation Ltd (IOCL) is expected to ink an agreement with ExxonMobil, one of the world’s largest publicly-traded energy firms, and Chart Industries Inc. for transporting gas through containers during the US President Donald Trump’s visit to India, said two people aware of the development.
The proposed plan in the works is to provide gas access in regions where the gas grid is not present and comes in the backdrop of US pitching itself as a preferred energy partner to India. “There has been an MoU (memorandum of understanding) with ExxonMobil that was inked last year for LNG initiatives in India. The idea is to strengthen it,” said an Indian government official requesting anonymity.
