Oil Minister Dharmendra Pradhan will visit Japan, starting on Monday, to strengthen cooperation between the world’s biggest buyers of lNG in order to make import deals more affordable by leveraging their buying power and secure better prices.
Pradhan will visit Japan from October 16-18 to participate in the 6th Annual lNG Producers Consumer Conference, an official statement said. It will also serve as a follow-up to Japanese Prime Minister Shinzo Abe's visit to India in September.
“The visit is important to enhance the bilateral engagements in the oil and gas sectors within the overall framework of India-Japan Energy Dialogue. “The visit also aims to enhance cooperation in establishing a transparent, efficient, truly global and balanced lNG market,” it said.