India has major interest in oil here -President

Hardeep Singh Puri, India’s Petroleum Minister (Left) with President Irfaan Ali.

India has been asked to submit a written proposal outlining its interest in the oil and gas sector here, according to President Irfaan Ali.

“There has been a keen interest, consistently from India, to be a long-term purchaser of crude oil from Guyana. In addition to that interest, they have expressed also a keen desire to support us in the entire ecosystem around the oil and gas sector,” Ali yesterday told a press conference when asked by Stabroek News of New Delhi’s interest.

“I said to the team that they should put in a proposal as to what exactly they are proposing, in terms of a long- term agreement, and that has to be examined technically. In a meeting with the Minis-ter, the interest of exploring that government-to-government collaboration was very clear,” he added.