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India believes its efforts to build fuel infra should benefit neighbours: Swaraj

Press Trust of India  |  New Delhi 

strongly believes that its efforts to build infrastructure should also benefit its neighbours, Swaraj said today.

are strategic commodities as price variations impact people down to the bottom of the pyramid fuel, the said.

"We are well aware that just as is a key pillar for our economic growth and development, it is also the same for our neighbours. Our government has been following 'Neighbourhood First' in our foreign policy.

"We strongly believe that our efforts to build our infrastructure should also benefit our neighbours and promote economic development and raise their standards of living. We appreciate the close cooperation of our neighbours in this regard," Swaraj said.

The was delivering the valedictory address

at the IEF Ministerial Meeting.

She said supplies 100 per cent of the domestic requirement of to landlocked since 1974.

Last week and K P Sharma Oli jointly initiated work on a petroleum product pipeline between and

"We are also working with Nepal to increase availability of LPG and and build an efficient distribution system," Swaraj said.

India is engaged with to build a pipeline to supply diesel to Parbatipur and to power plant at

Work is also in progress to build LNG terminals, both land based and floating, the minister noted.

Also, India supplies 100 per cent of Bhutan's requirements.

"We are working closely with them to increase LPG penetration based on our own successful Ujjwala programme," she said.

The has been according priority for enhanced use of gas, she said, adding that in this context, India is engaged in setting up an LNG terminal in that country to introduce gas as an source.

"In Myanmar, we are working closely with the government to promote use of LPG and provide diesel to the North West region through refineries in our Northeastern states," she added.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, April 13 2018. 01:25 IST