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India To Launch Oil And Gas Licensing Rounds
India is set to launch new rounds for oil and gas block licensing this week, Oil Minister Hardeep S. Puri announced on Monday.
Puri also indicated that energy supply issues are expected to be a key topic during Indian Prime Minister Narendra Modi’s upcoming meeting with US President Trump later this week. Given India’s increasing demand for crude oil and natural gas, discussions may focus on securing long-term energy partnerships and exploring new avenues for collaboration between the two nations.
“I will be surprised if sourcing of energy will not figure during the discussion,” Puri said.
The United States has emerged as a major supplier of crude oil and liquefied natural gas (LNG) to India in recent years, and any agreements or commitments made during the talks could have wider implications for global energy markets.
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