India, Guyana look to strengthen cooperation in oil, gas sector
India and Guyana are looking to increase cooperation across the entire oil and gas ecosystem, the Indian government said on January 12 in a statement.
India’s petroleum and natural gas minister Hardeep Puri met with the president of Guyana, Mohamed Irfaan Ali, in New Delhi.
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“The discussion on increasing cooperation across the entire oil and gas ecosystem was fruitful and engaging. Both sides noted the synergies which exist between the two countries,” the Indian government said.
The leaders agreed on direct government-to-government cooperation across the entire spectrum of the oil and gas sector including increased long-term offtake, participation in exploration and production activities in Guyana, technical cooperation in the midstream and downstream sector and capacity building.
The leaders agreed to set up two technical teams to take forward these discussions. The contours of future cooperation would be finalised during the visit of the vice president of Guyana, Bharrat Jagdeo to India in February 2023, the government said.
Meanwhile, Engineers India has signed a contract with Guyana Power and Gas for providing consultancy services for the integrated NGL plant and 300 MW combined cycle gas turbine (CCGT) power plant project in Guyana.