India teams with IEA on data and research partnership

In India, the Petroleum Planning & Analysis Cell (PPAC), Ministry of Petroleum and Natural Gas (MoPNG), Government of India, has signed a Statement of Intent (SoI) with International Energy Agency (IEA) to strengthen cooperation in the field of data and research and enhance global energy security, stability, and sustainability. This partnership will lead to an extensive exchange of knowledge.

Both the Parties intend to co-operate under the SoI on the areas of Energy market data and statistics, biofuels (bioethanol and biodiesel) and Compressed Bio-Gas (CBG) and other emerging fuels. It will also provide information on global oil and gas markets and technologies relevant for the oil & gas sector.

The SoI will initiate the cooperation in the energy sector between PPAC and IEA with various areas of cooperation as specified in the SoI. Further, the comprehensive datasets, reports, analysis will be made available for better analysis and interpretation. The training and internships of officers from PPAC to IEA for energy modelling and statistics, by IEA experts are planned to be organized to develop skillsets required for challenges posed by energy transition.  The SoI will provide access to the international thought and view in the energy sector.