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Pradhan to visit Japan for LNG meet, ink cooperation on gas

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New Delhi, Oct 15 (IANS) Petroleum Minister Dharmendra Pradhan will leave on Monday for a three-day visit to Japan where he will also sign an agreement with the island nation to cooperate in jointly developing a “liquid and flexible global LNG market” sharing technical knowhow in the area, an official said on Sunday.

“The visit is important to enhance the bilateral engagements in the oil and gas sectors within the overall framework of India-Japan Energy Dialogue,” said a Petroleum Ministry statement here.

The Indian minister’s visit will also serve as a follow-up to Japanese Prime Minister Shinzo Abe’s visit to India in September, it said.

Pradhan will be in Japan from October 16-18 also to participate in the 6th Annual LNG (liquefied natural gas) Producers Consumer Conference, it added.

“The visit also aims to enhance cooperation in establishing a transparent, efficient, truly global and balanced LNG market,” it said.

“The conference provides 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,” it added.

Pradhan will deliver the keynote address at the Ministerial Session on “Developing LNG Market in Asia – Government Perspectives”.

Energy Ministers from Qatar, Nigeria, Bangladesh and Japan besides leading hydrocarbon experts are scheduled to take part in the LNG conference.

Pradhan will also meet Japan’s Minister of Economy, Trade and Industry Hiroshige Seko to discuss bilateral engagement in the hydrocarbon sector, the statement said.

Earlier this week, in yet another move to boost natural gas use in India, the Union Cabinet here approved signing of an agreement with Japan towards joint development of a liquid and flexible LNG market and sharing technical knowhow in the area.

“The Memorandum of Cooperation (MoC) between India and Japan provides a framework to 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 supply,” a Petroleum Ministry release said.

Briefing reporters here after the cabinet meeting, Pradhan said the MoC would have a “shopping clause” that would allow the parties to swap supply contracts in order to save on transporting liquefied natural gas (LNG) from overseas.

“For example, we have some gas booked from Australia and Japan has an import contract with Ras Gas of Qatar… this MoC will have a shopping clause whereby we can arrange for Japan to import from Australia, which is nearer, while India gets that gas from Qatar,” he said.

“The agreement also provides for sharing knowledge on LNG technology between India and Japan, which is the world’s largest importer of this clean fuel,” he added.

“The MoC will promote the bilateral relationship between India and Japan in the energy sector and will contribute to the diversification of gas supplies for India,” the statement said.

During his visit, Pradhan will also meet representatives of Japanese companies, including Osaka Gas, Mitsui OSK Lines (MOL), Japex, and JERA for exploring areas of further engagement with the Indian companies, it added.

–IANS
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Dr. Abhishek Verma Dedicates a Shelter in Memory of His Mother, Veena Verma, at KGMU; Inaugurated by Daughter Nicolle Verma

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World-renowned business tycoon Dr. Abhishek Verma has supported Foodman Vishal Singh’s Hunger-Free World mission. In memory of his mother, Late Veena Verma, who was a 3 term Rajya Sabha MP.

Dr. Verma dedicated a state-of-the-art free permanent shelter for the attendants of patients at KGMU Medical University, Lucknow, under the aegis of Vijay Shree Foundation. His daughter, Nicolle Verma, inaugurated the shelter.

During the event, Foodman Vishal Singh honored Nicolle Verma by presenting her with a memento. Mrs. Nidhi Sharma and Avantika Yadav, associated with the organization, welcomed her with garlands. Following this, Nicolle Verma distributed essential items to the attendants and also handed out fruits. She became emotional remembering her grandmother on her birth anniversary.

On this occasion, she also inaugurated the “Veena Verma Sevalaya” in memory of her grandmother, Veena Verma, to serve the attendants. She expressed, “I feel proud that my family is engaged in nation-building as well as social service. Today, in collaboration with Vijay Shree Foundation founder Foodman Vishal Singh Ji, I feel immensely proud to dedicate this shelter for the poor, helpless, and needy attendants of patients battling serious illnesses like cancer. I am honored to be associated with the Hunger-Free World Mission for humanity.”

Inspired by the continuous humanitarian service provided by Vijay Shree Foundation over the past 17 years, Nicolle Verma donated 10 lakh rupees to support the cause. The purpose of this donation is to ensure that services continue for the needy attendants of patients suffering from severe illnesses in hospitals, as facilitated by Foodman Vishal Singh.

It is noteworthy that Dr. Abhishek Verma’s family has a legacy of public and philanthropic service. They are helping millions to carry forward the values and service work of their parents. On the occasion of his mother’s birth anniversary, Dr. Abhishek Verma dedicated this state-of-the-art permanent shelter at Lucknow Medical College to serve the attendants of patients through the Vijay Shree Foundation.

Supporting Foodman Vishal Singh’s Hunger-Free World mission, Dr. Abhishek Verma assured that he would continually support keeping this flame of humanity alive. He also promised to assist in providing medicines to the helpless patients.

Continuing her grandmother’s legacy of service, Nicolle Verma personally served food to the needy patients and attendants. She said, “It is our good fortune to have received the joy of doing this noble work today through Foodman Vishal Singh. I have taken another step forward in carrying my family’s values and cooperation by joining hands with the Vijay Shree Foundation. My father taught me to serve and help the needy, and I feel happy when I bring a smile to someone’s face.”

On the birth anniversary of the late Veena Verma, the event organizer, Vijay Shree Foundation founder Foodman Vishal Singh, said, “We feel proud and happy that Dr. Abhishek Verma, a globally renowned business tycoon, has extended his support to uplift our country from the hunger index. Today, on his mother’s birth anniversary, he inaugurated a state-of-the-art permanent shelter at Lucknow Medical College, which will always be helpful for the needy attendants of patients. It is a pleasure for me and the organization to receive the affection of Mr. Verma.”

The event was attended by General Manager Verma Family Office Hemant Garg, Sonu Rajput, and the organization’s volunteers, including Sandeep Singh, Parmeshwar Ji, Prashant Rao Gautam, Balram Singh, Ramesh Chaudhary, Suman, Jeetu, Anil, Suraj, Vinay, Manish Bhadauria, Manas Mehrotra, Vivek, Apurv, Happy, and others.

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