New Delhi: Turkmenistan has invited Indian companies to explore hydrocarbon at its Caspian Offshore region.
"Many international companies are already working. We want Indian companies also to participate," Kakageldy Abdullaev, Acting Minister of Oil and Gas Industry and Mineral Resources of Turkmenistan, told media persons at Petrotech 2012.
The companies that evinced interest from India include ONGC Videsh and GAIL (India). Abdullaev discussed the opportunities with India's Petroleum Minister S. Jaipal Reddy on Tuesday.
"We want India to increase its presence in Turkmenistan soil," Abdullaev added.
Mozambique
India has told Mozambique that it would like to set up fertiliser and petrochemical units in the country.
India has asked at what price Mozambique can make gas available to Indian companies," a Petroleum Ministry official told media persons.
Next year, Mozambique may put its hydrocarbon assets for bidding, the official said.
Malaysia
India has sought more gas from Malaysia.
"We would be interested in LNG from their global assets. They are willing to consider. India has also discussed if EIL, which has presence in Malaysia, can participate in petrochemical and upgradation projects," the official said.
Sudan
The Government of Sudan has formed a committee to look at the pipeline that would help OVL and others to transport gas.
Already a proposal has been put up that determines the charges at $11 a barrel. This includes transportation fee of $8.40 plus processing fee of $1.60 and a transit fee of $1.
India is seeking exemption of the transit fee, the official said.
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