Business

India's Energy Ambition: Oil Minister Hardeep Singh Puri Engages Global Giants for Sustainable Growth and OPEC Collaboration

Strengthening Global Energy Partnerships

Oil Minister Hardeep Singh Puri recently held pivotal discussions with top global energy leaders at the 9th OPEC International Seminar in Vienna. These meetings aimed at enhancing India's energy security and fostering partnerships across the hydrocarbons value chain.

Deepening Ties with Kuwait and Nigeria

During his engagement with Kuwaiti Oil Minister Tareq Sulaiman Al-Roumi, Puri explored avenues to deepen cooperation. Kuwait stands as India's 6th largest crude oil source and a key LPG supplier. Similarly, talks with Nigerian Minister Heineken Lokpobiri focused on expanding crude trade, highlighting India's consistent demand for Nigerian crude.

Collaborating with Shell and BP

Puri's meeting with Shell CEO Wael Sawan underscored the potential for collaborations in oil and gas exploration, leveraging Shell's advanced technologies. Discussions with BP CEO Murray Auchincloss revolved around increasing BP's involvement in India's energy sectors, building on its existing presence.

OPEC and Market Stability

In conversations with OPEC Secretary General Haitham Al Ghais, Puri reaffirmed India's partnership with OPEC, emphasizing the need for balanced oil markets to support the global transition to green energy.

Exploring New Opportunities with Vitol

The dialogue with Vitol Group CEO Russel Hardy centered on overcoming market challenges and identifying collaboration opportunities, spurred by India's ambitious energy infrastructure expansion.

Energy outreach: Oil minister Hardeep Singh Puri pitches India’s growth story to oil majors; OPEC ties, LNG push top agenda