India planning to import LNG from Canada: Reports
07/07/2015 15:09

The Indian Government has said that it is planning to import liquefied natural gas (LNG) from Canada.

As per media reports, India plans to collaborate with Canada in oil, natural gas, clean energy, power transmission and skill development sector.

Commenting on the issue, Oil Minister Dharmendra Pradhan told the media, "Canada could potentially supply a significant amount of the 44 billion cubic metres of natural gas that India is forecast to import annually by 2025."

"India and Canada share common values and ideals and believe in long-term sustained partnerships. Our energy cooperation is steadily growing but the potential is much higher - Let's convert the potential into reality," he added.

The strategic partnership will help create jobs and long-term economic prosperity for both countries. While India is fourth-largest energy consumer, Canada is a secure, reliable and responsible producer and supplier of energy to the world and has the resources and expertise needed to support India's growing energy needs.