As a follow up of the visit of the
Japanese Prime Minister Shinzo
Abe to India in September 2017, Minister of Petroleum & Natural Gas and
Skill Development & Entrepreneurship Shri Dharmendra Pradhan is visiting
Japan for two days from October 16 and he also participates in the 6th Annual
LNG Producers Consumer Conference.
The visit aims at increased cooperation
between the two countries in establishing a transparent, efficient and truly
global and balanced LNG market.
The LNG Producer-Consumer
Conference, a global annual dialogue among the LNG producers, aims at deepening
the understandings of the market trends through effective sharing and finally
to develop a global LNG market.
.The conference provides, an official statement says, the right opportunity to
brief on the Indian Gas sector and the recent policy reforms with the
opportunities available for investment to the Ministers and leaders of global
gas industry. Sh. Pradhan will be delivering a key note speech at the
Ministerial Session on “Developing LNG Market in Asia – Government
Perspectives”. Energy Ministers from Qatar, Nigeria, Bangladesh, Japan and
other leading hydrocarbon experts are scheduled to participate in the
During his visit, Shri Pradhan will meet with his Japanese Counterpart Minister
of Economy, Trade, and Industry, Japan Mr Hiroshige Seko to discuss issues of
bilateral engagement in the hydrocarbon sector. A Memorandum of Cooperation
(MoC) is scheduled for signing on “establishing a Liquid, Flexible and Global
LNG Market” between India and Japan. The MoC will provide a framework for
bilateral cooperate in facilitating flexibility in LNG contracts, abolition of
Destination Restriction Clause and also explore possibilities of cooperation in
establishing reliable LNG spot price indices reflecting true LNG demand and
Shri Pradhan will also be meeting with representatives of Japanese Companies,
including Osaka Gas, Mitsui OSK Lines (MOL), Japex, and JERA for exploring
areas of further engagement with the Indian companies.
In order to discuss the possibilities of cooperation in the skill sector, Sh.
Pradhan is scheduled to have a meeting with Minister of Health, Labour and
Welfare of Japan Mr. Katsunobu Kato. A Memorandum of Cooperation (MoC) is
expected to be signed on the “Technical Intern Training Program (TITP)” which
will pave the way for bilateral cooperation between the two countries in the
area of skill development. Shri Pradhan is also scheduled to visit Kanto
Polytechnic College, Oyama during the visit.