 "Dharmendra Pradhan, Pradhan")
The Ministry of Petroleum and Natural Gas is set to approach the Cabinet to set up a gas exchange in an effort to move towards market-driven pricing and pool domestic natural gas with imported liquefied natural gas (LNG), Petroleum Minister Dharmendra Pradhan said on Tuesday.
The ministry has set up a think tank on India’s hydrocarbon sector. Its members include international energy expert Daniel Yergin, economist Vijay Kelkar, Dev Sanyal of British Petroleum, ICICI Bank Chief Executive Officer Chanda Kochhar, Schlumberger’s Ashok Belani, New Development Bank (of BRICS) chief K V Kamath, and former Cairn India chief Rahul Dhir.
The
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