外文标题：India likely to strike deal with Vietnam for oil exploration
NEW DELHI: Looking to deepen its economic ties with Vietnam, India is likely to strike a deal for exploration and production of oil and gas during the visit of South East Asian nation's Prime Miniter Nguyen Tan Dung on October 27.
Ahead of its prime minister's two-day visit here, Vietnam has also evinced keen interest in greater cooperation in key areas of defence, security and oil exploration and has hoped that some pacts will be signed during the trip.
"We are looking at enhancing India's cooperation in the fields of hydrocarbons and oil exploration," oil minister Dharmendra Pradhan told PTI.
He said he interacted with Vietnamese authorities on further cooperation in the oil sector during President Pranab Mukherjee's visit to Vietnam in September and wants this cooperation to be taken further.
praveenflake jose ()
Prasanta S (Unknown)
This is good news ...
brahmdeo.singh85 singh ()
India as well as US must deepen their economic and strategic ties with Vietnam. This is easiest and only possible way to contain China.
Satish Sharma (New Delhi)
It is in the interest of a hydrocarbon starved country like India to forge business relations with Vietnam. Besides, in view of China's increased presence in the Indian Ocean, it provides India a toe-hold in the South China Sea. However, as a matter of prudence, India should take care to keep out of waters claimed by China, as it has no stake in the Sino-Vietnamese dispute over territorial waters in South China Sea.
Can we expect further price down on oil ?
Rajiv Vashistha (Unknown)
One more step towards showing China that our interests are important
Hanish Varma Alluri (Hyderabad)
Bilateral deals healthy for India
Shree Kumar Singh (Unknown)
A bold step by India,it is good for our energy security also.
This is the best news I have heard in the recent days.