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ONGC to bid for Israel oil-and-gas exploration blocks: Dharmendra Pradhan

India and Israel have deep defence ties

Reuters  |  New Delhi 

Photo: Shutterstock
Photo: Shutterstock

Indian state-run and Natural Gas Corp plans to bid for Israeli offshore oil-and-gas exploration blocks, India's minister told Reuters, the first major deal between the two countries since a groundbreaking trip by Prime Minister in July.

and have deep defence ties but Modi and his right wing ruling group are pushing to expand the relationship into other sectors such as energy and technology with a country they see as a natural ally against terrorism.

A high-ranking delegation from India, the world's third-biggest consumer, visited last month to discuss taking part in the tender for blocks in the Mediterranean Sea and Israeli officials said they were pleased with the visit.

"We will definitely bid for Israel's oil-and-gas blocks," Indian Minister Dharmendra Pradhan told Reuters.

First Published: Tue, September 05 2017. 08:26 IST