Business Standard: Mozambique Seeks Greater Indian Investment in Oil, Gas Sectors

As India scouts for new energy sources to sustain its economic growth, hydrocarbon-rich Mozambique today promised to provide Indian companies greater access to various oil, gas and coal exploration projects besides seeking fresh impetus to bilateral trade ties. 

After holding wide-ranging talks with Mozambique President Filipe Nyusi, Prime Minister Narendra Modi said the African nation can be a "large source" of coal and natural gas to drive India's growth and that both sides agreed to step up engagement in a range of key sectors. 

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