Oil-and-gas exploration block of Israel to get bid from India

     Written by : SMTV24x7 | Tue, Sep 05, 2017, 12:48 AM

Oil-and-gas exploration block of Israel to get bid from India

India is going to bid for oil and gas deal of Israel, was said my India’s oil minister Dharmendra Pradhan. This will be the first biggest deal among the countries after Narendar Modis' visit to Israel.

Although India and Israel have defence ties Modi wants to take forward this relation and establish business relationship with the country. The sectors which Modi’s government is aiming are energy and technology.

India is the third largest ol counsumer in the world, a delegation from India visited Israel in augustand discussed the tender for blocks in Mediterranean Sea.

“We will definitely bid for Israel’s oil-and-gas blocks,” Indian Oil Minister Dharmendra Pradhan told Reuters.