November 1, 2022
2 mins read

‘Energy trade with US grew 1300% in last 4 years’

On the sidelines of the ADIPEC Conference, the minister also held a bilateral meeting with Vickram Bharrat, Minister for Natural Resources, Guyana in Abu Dhabi…reports Asian Lite News

India’s energy trade with the US has grown 1300 per cent in the last four years, Minister of Petroleum and Natural Gas (MoPNPG) Hardeep Singh Puri said on Monday.

Puri, who is in Abu Dhabi to attend Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC), met Amos Hochstein, the Presidential Coordinator of the US.

“Met my friend @amoshochstein the Presidential Coordinator of US on the sidelines of #ADIPEC2022 in Abu Dhabi today. Our energy trade with the US has grown 1300% in the last 4 years,” the minister said in a tweet.

During the visit, the Minister will deliver his special remarks at the inaugural ceremony of ADIPEC-2022 along with a few select other Ministers Abdulaziz bin Salman Al Saud (Minister of Energy of Saudi Arabia) and Tarek El Molla (Minister of Petroleum and Mineral Resources Egypt).

Meanwhile, Puri also had a productive meeting with the new OPEC Secretary General HE Haitham al-Ghais in Abu Dhabi.

“India consumes 14 per cent of OPEC hydrocarbon production totalling USD 48 bn last year. Invited him to visit India for #IndiaEnergyWeek & OPEC India dialogue in February 2023,” he said in a tweet.

On the sidelines of the ADIPEC Conference, the minister also held a bilateral meeting with Vickram Bharrat, Minister for Natural Resources, Guyana in Abu Dhabi.

Taking to Twitter, Puri said that 40 per cent of the population of Guyana is of Indian origin and the Indian companies will assist the Guyanese in training the engineers for upstream and downstream sectors so that they can maximise production from their landmark discoveries.

“The Minister is scheduled to have bilateral discussions with his counterparts from UAE, Suhail Mohamed Faraj Al Mazrouei, Minister of Energy and Infrastructure, and Dr Sultan Ahmad Al Jaber, Minister of Industry & Advanced Technology, MD & Group CEO, ADNOC, to strengthen energy cooperation within the overall framework of India-UAE Strategic Partnership,” the communique mentions regarding Puri’s visit in Abu Dhabi.

Puri will also have meetings with his counterparts from various countries and the heads of international energy organizations and CEOs of global oil and gas companies attending the ADIPEC- 2022.

During the event, the Minister will also inaugurate the India Pavilion, set up jointly by the Federation of Indian Petroleum Industry (FIPI) and the Confederation of Indian Industry (CII).

Hosted by ADNOC, ADIPEC is one the world’s leading events of the energy industry and aims to provide insights on the latest trends affecting an evolving global energy system including the global economy, energy supply and security challenges, as well as the next generation of energy solutions. (ANI)

ALSO READ: Israel, Bahrain hold talks to bolster ties

Previous Story

India urges TAC Security to help startups in Punjab

Next Story

Australian warships reach Visakhapatnam for Indo-Pacific mission

Latest from -Top News

Baloch Racer’s Death Sparks Outrage

Tariq Baloch, son of renowned Jiwani racer Ibraheem Kalamati, was abducted by alleged law enforcement agents on May 11. His body was found dumped in Palliri less than 24 hours later…reports Asian

India to Brief Envoys on Operation Sindoor

Sources confirmed that the session will cover a wide array of developments, including the destruction of Chinese and Turkish-made drones and PL-15 missiles…reports Asian Lite News India will brief Defence Attachés from

India Strikes Back on U.S. Tariffs

India, in its notification to the WTO, announced its intent to suspend concessions and other obligations in response to the US safeguard measures..reports Asian Lite News India has notified the World Trade

Modi says talks with Pakistan only on PoK

“If there are talks with Pakistan, it will be only on Pakistan-occupied Kashmir,” Modi said, rejecting broader bilateral dialogue until Islamabad dismantles its terror infrastructure. Prime Minister Narendra Modi declared on Monday
Go toTop

Don't Miss

India, UK to launch Young Professionals Scheme on Feb 28

The UK-India Young Professionals Scheme will offer 3,000 places annually

Indian apparel Industry staring at Lankan crisis

Production in Sri Lanka of hosiery items for exports has