It doesn’t matter where in the world you find fossil fuels, just rush to get them – this seems to be the principle of most countries. I just wish the same amount of enthusiasm is shown for renewable energy sources. Blame it on the need to have instant gratification.
Papua New Guinea, a Pacific Ocean nation, is inviting India to develop its hydrocarbon resources after the islands struck gas two years ago. It is also keen to forge ties with New Delhi after courting Beijing all these years.
Lured by its mineral resources, China has an established presence in the former Australian colony, with high investment in mining contracts and infrastructure projects.
For India, the island nation with an area of 460,000 square kilometres – equal to Madhya Pradesh and Tamil Nadu combined – has become an attractive destination as an emerging natural gas supplier.
