By Stuart Radnedge2015-01-12T09:46:00+00:00
Perth, Australia, based Woodside Petroleum has signed a MOU with India’s Adani Enterprises as it aims to benefit from India’s emerging LNG market.
A signing ceremony in Gujarat was held to celebrate the deal, which was attended by Australian trade minister Andrew Robb.
The agreement will foster stronger ties between Woodside and Adani, with a pledge to work together in identifying and developing new business opportunities in the LNG sector. Adani is seen keen to tap into both Woodside’s resources and technological expertise in the sector, while Woodside benefits by having a strong local partner with which to work alongside.
“India is an important emerging LNG market in which we see enormous supply potential as infrastructure is developed,” Woodside Chief Executive Peter Coleman said, adding, “Adani is at the forefront of the LNG industry in India and committed to developing partnerships to support securing reliable long-term supplies of clean energy.”
US Senator Tim Kaine has joined Senator John Barrasso and six other colleagues to introduce the LNG Permitting Certainty and Transparency Act. Barrasso was also an instrumental influence in the proposal of new legislation to resolve the helium crisis in 2012.
Month on month, the gasworld website is the market-leading news portal for the global industrial gas sector, growing at an unprecedented rate and keeping its readers at the forefront of breaking news, insightful analysis and must-see features across the industry. Launched in 2004 and continually evolving, it is the only independent online news, views and intelligence portal for the global industrial gas community and the larger end-user markets – and home to the ever-increasing range of gasworld platforms.
To find out more about gasworld's advertising opportunities click here.