India,Qatar sign pact to boost oil & gas cooperation

A pact to enhance cooperation in the key sector of oil and gas exploration is among the six agreements inked between India and Qatar

Written by Press Trust Of India | New Delhi | Published: April 10, 2012 1:46 am

A pact to enhance cooperation in the key sector of oil and gas exploration is among the six agreements inked today between India and Qatar,which has the world’s third-largest natural gas reserves after Russia and Iran. Petroleum Minister S Jaipal Reddy and Qatar’s Energy Minister Mohammed Bin Saleh al-Sada signed an MoU to establish a cooperative framework to facilitate and to enhance bilateral cooperation in the oil and gas sector.

It is expected to encourage and promote investment and cooperation between two ministries of oil and gas and through affiliated firms.

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