Foreign Policy Watch: India-Pacific Island Nations

India, PNG cooperation in oil and gas sector

  1. Context: A two-day visit by President Pranab Mukherjee to Papua New Guinea
  2. What? India is looking to explore and develop Papua New Guinea’s vast oil and gas resources
  3. This will be through joint ventures and investments from both the Indian private and public sectors in ongoing and new projects
  4. This is important keeping in view India’s desire to achieve energy security

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