Energy security: India plans to build strategic natural gas reserve similar to those in Europe & China
Tuesday, 21 November 2023 () India is working on establishing a strategic natural gas reserve with a capacity of up to 4 billion cubic metres (BCM) to ensure energy security and stabilize the domestic market. The decision has been approved by oil minister Hardeep Singh Puri, who directed ONGC, Oil India, and GAIL to prepare a feasibility report.
China and Pakistan conduct joint naval drills in the Arabian Sea, emphasizing maritime security. The exercises coincide with India-US defense cooperation, raising concerns about safeguarding economic..
Sri Lanka fell into a debt trap with China's $1.26 billion loan for the Hambantota Port in 2007, leading to China's control of the port in 2017. In response, the U.S. plans a $553 million investment in..