On energy cooperation, Prime Minister Modi said, “We should go beyond the buyer-seller relationship to include Joint Ventures, Joint Research and Development and Joint Exploration.
“Indian companies were ready to invest in both upstream and downstream projects in Qatar in the hydrocarbon sector.”
Not only an important trading partner for India in the Gulf region, Qatar is also the largest supplier of LNG to it, accounting for 66 per cent of the total imports in 2015-16.
On his part, the Qatari leader invited India’s participation in infrastructure and investment opportunities coming up in the wake of Qatar hosting the FIFA World Cup in 2022. He also welcomed Indian investment in the port sector of Qatar.
Sourced from agencies, feature image courtesy: timesofoman.com
