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Home Business Oil & Auto

Under Secretary of Energy Albright in India to Highlight U.S.-India Energy Cooperation

The FINANCIAL by The FINANCIAL
March 31, 2008
in Oil & Auto
Reading Time: 2 mins read
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WASHINGTON, DC – U.S. Under Secretary of Energy Clarence “Bud” Albright, Jr. will travel to New Delhi, India this week as part of the U.S.-India Energy Dialogue to highlight ongoing cooperation between the United States and India to ensure safe, reliable, clean, affordable and diverse energy supplies. 

 

According to US Department of Energy as growing energy economies and rapidly increasing trading partners, the United States and India must play a critical role in promoting global investments in energy infrastructure, development and deployment of clean energy technologies, and open and transparent investment climates.

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"While in India, Under Secretary Albright is expected to hold bilateral energy discussions with senior government officials from India’s Ministry of Petroleum and Natural Gas, Ministry of Coal, Ministry of Power, and Ministry of New and Renewable Energy to highlight cooperation through the U.S.-India Energy Dialogue, the Asia Pacific Partnership on Clean Development and Climate and other joint efforts between the countries in clean coal technology, renewable fuels, energy efficiency and gas hydrates.  On Wednesday, Under Secretary Albright will meet with the American Chamber of Commerce to discuss increased trade and investment opportunities to promote a diversity of energy options to meet growing energy demand."

 

On Thursday, Under Secretary Albright is expected to deliver remarks to the Confederation of Indian Industries, one of India's premier business associations, to highlight the importance of expanding cooperation in scientific research and innovation, promoting greater use of alternative energy technologies, and increasing investment in energy infrastructure and diversification.

 

According to US Department of Energy under Secretary Albright will conclude his trip on Friday by co-chairing the Steering Group of the U.S.-India Energy Dialogue with Indian Foreign Minister Shivshankar Menon.  The two leaders are expected to receive reports and recommendations from bilateral energy working groups that met throughout the week and discuss opportunities for increased collaboration in developing and deploying alternative fuels, increasing investments in cutting-edge technology to develop methane hydrates, and rapidly increasing energy efficiency across all sectors.

 

 

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