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India’s new petroleum minister holds talks with oil ministries of Saudi Arabia, UAE, Qatar, Kuwait.
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Gulf Cooperation Council countries account for bulk of India’s oil imports and related energy sector partnerships.
DUBAI: India and UAE have agreed to take the bilateral energy engagement to greater heights and also to diversify into new areas in the context of fast evolving global energy transition, local media reports said citing India’s petroleum ministry.
After taking over as India’s new minister for Petroleum and Natural Gas, Hardeep Singh Puri made calls to major oil producing countries in the Gulf. He made the first call to Sultan bin Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology and Managing Director and Group CEO of the Abu Dhabi National Oil Company (ADNOC).
The reports said that both discussed means to “invigorate the vibrant bilateral strategic energy partnership between India and UAE”.
The Gulf Cooperation Council countries account for bulk of India’s oil imports and related energy sector partnerships.
Puri’s conversation with Prince Abdul Aziz bin Salman Al Saud, the Saudi Minister of Energy, focused on “strengthening bilateral energy partnerships and developments in the global energy markets”, the reports said.
Puri said India had a strong desire to work with Saudi Arabia to take the bilateral strategic energy partnership beyond buyer-seller arrangements.
The Indian minister invited Kuwait’s Minister of Oil Dr Muhammad Al Fares to visit India to “work towards further expanding the excellent bilateral engagement in the hydrocarbons sector between the two countries”.
“Kuwait is an important partner in our energy security matrix,” the Indian Ministry said. Puri also had discussions with Qatar Minister of State for Energy Saad Sherida Al-Kaabi