OIL & GAS

India fully committed to timely completion of oil refinery project in Mongolia: President Kovind

President Ram Nath Kovind on Wednesday said India is fully committed to the timely completion of an oil refinery project in Mongolia as it will greatly increase its “spiritual” neighbour’s energy security.

Welcoming a parliamentary delegation from Mongolia to India, he said the two countries share civilisational, historical, spiritual and cultural ties.

“The common values and ideals of democracy and freedom strengthen our bonds. As Mongolia’s ‘third neighbour’ and ‘spiritual neighbour’, India looks forward to continued cooperation to further deepen its strategic partnership with Mongolia,” the president said.

He expressed confidence that this visit will add to the vibrancy of India’s and Mongolia’s bilateral relationship.

Speaking about climate change, Kovind said that the impact of climate change will be particularly higher on developing countries such as ours. “It is imperative that we work together to address this common challenge,” the president said.

He was happy to note that Mongolia has decided to join the International Solar Alliance, a statement issued by the Rashtrapati Bhavan said.

Source
ET Energy World
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