Oil diplomacy: Pradhan to visit Mozambique next month

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Oil Minister Dharmendra Pradhan is likely to visit Mozambique next month to press the African nation to quickly ratify a law that will help Indian firms proceed with multi-billion dollar gas project.  The southern African nation's council of ministers had in December last year approved a decree law that allowed companies to develop offshore gas discoveries and set up plants to turn the fuel into liquid (lNG) for exports.

 The law however requires ratification of the Mozambique Parliament and Pradhan plans to visit the capital Maputo next month to impress upon the government to pass the law at the earliest, sources privy to the development said. This will be the first major diplomatic exercise overseas that is being undertaken by Pradhan since he became the oil minister.

Daily Pioneer
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