ENA Sectors 2025-01-22 13:51:12 <p><span style="font-size:14px"><strong>New Delhi, Jan 22 (KNN)</strong> Union Minister for Petroleum and Natural Gas, Hardeep Singh Puri, indicated a potential surge in energy imports from the United States as India continues its push to diversify energy sources.</span></p> <p><span style="font-size:14px">Speaking at the 3rd International Symposium for Thriving Eco-Energy in Mobility, organised by SIAM on Tuesday, Puri highlighted Indias growing partnerships and the evolving global energy landscape.</span></p> <p><span style="font-size:14px">Under the Trump administration, the US has ramped up oil and gas production, creating opportunities for India to strengthen its energy imports.</span></p> <p><span style="font-size:14px"> There is a strong possibility of more American energy entering the market, Puri noted, emphasising Indias readiness to expand its purchases.</span></p> <p><span style="font-size:14px">He pointed out that the number of Indias oil suppliers had increased from 27 to 39 in recent years, reflecting a robust diversification strategy.</span></p> <p><span style="font-size:14px">Puri underscored Indias proactive approach in forging new energy partnerships, mentioning agreements with Brazil and ongoing discussions with Argentina for offshore and seismic exploration.</span></p> <p><span style="font-size:14px">He also acknowledged the contributions of energy producers like Guyana, Suriname, and Canada in stabilising the global oil market.</span></p> <p><span style="font-size:14px">There is no shortage of oil in the global market; that is very clear, he said, reiterating Indias commitment to securing energy stability.</span></p> <p><span style="font-size:14px">On the domestic front, Puri urged automakers to accelerate the production of flex-fuel vehicles, aligning with Indias sustainability goals.</span></p> <p><span style="font-size:14px">He praised the countrys achievement of 20 per cent ethanol blending targets ahead of schedule and revealed plans to explore higher ethanol blending levels. We are focusing on creating the agricultural and industrial linkages necessary to support this transition, he added.</span></p> <p><span style="font-size:14px">While Puri refrained from commenting on the USs withdrawal from the 2015 Paris Climate Agreement, he stressed Indias commitment to sustainable energy and innovation in mobility.</span></p> <p><span style="font-size:14px">He described the governments balanced approach, combining domestic reforms with strategic international collaborations, to ensure energy security and environmental sustainability.</span></p> <p><span style="font-size:14px">India's evolving energy strategy reflects its vision of a diversified and resilient energy future, ready to embrace opportunities presented by global shifts in production and policy.</span></p> <p><strong><em><span style="font-size:14px">(KNN Bureau)</span></em></strong></p> 40749 https://knnindia.co.in/news/newsdetails/sectors/us-drill-baby-drill-push-may-boost-energy-imports-from-united-states 2025-01-22 13:51:12 knnindia.co.in