essay on energy coopereation in india and its neighbours.
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India is playing a key role in creating a new energy security architecture for its neighbours, ranging from cross-border electricity trade to supplying petroleum products. The latest announcement by state-run Petronet LNG Ltd of setting up a liquefied natural gas (LNG) terminal in Sri Lanka forms an integral part of this strategy and also helps exert economic and strategic influence.
“Sri Lanka has decided to go ahead with the setting up of an LNG terminal near Colombo with Indian and Japanese companies. The two countries in their efforts to strengthen relations have been in discussions on this issue since last more than one year.The Sri Lankan Government issued a Letter of Intent to the Govt. of India during the visit of External Affairs Minister to Colombo on 1 September," Petronet LNG said in a 6 September statement.
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