India prepared for geopolitical flux, will stay at centre of global energy dialogue: Puri
Union Minister for Petroleum and Natural Gas Hardeep Singh Puri
GOA: India has demonstrated strong preparedness to navigate sustained geopolitical volatility in global energy markets and will continue to remain at the centre of global energy dialogue, Hardeep Singh Puri, Union Minister for Petroleum and Natural Gas, said at the closing ceremony of India Energy Week 2026.
Addressing the closing fireside chat, Puri said India’s energy strategy is anchored in diversification, resilience and forward-looking transition policies. He said successive geopolitical shocks had been effectively managed by turning challenges into opportunities through diversification of supply sources and a rapid shift towards cleaner fuels.
Puri said India has emerged as the world’s third-largest energy consumer, the fourth-largest refiner and one of the top exporters of petroleum products. He added that the country would continue to ensure availability, affordability and sustainability of energy even amid global uncertainty.
Highlighting the transition roadmap, Puri said traditional energy would remain essential, while cleaner fuels such as ethanol, compressed biogas, green hydrogen and biofuels would play an expanding role. He said the government is scaling up indigenous clean-energy technologies alongside continued investment in conventional fuels.
On consumer impact, Puri said global price volatility had never been passed on to Indian consumers. He said India currently has among the lowest energy prices globally and uninterrupted supply was ensured even during periods of international crisis, with oil marketing companies playing a key role in stabilising fuel prices, including LPG.
Following the Minister’s address, Neeraj Mittal, Secretary, Ministry of Petroleum and Natural Gas, outlined the government’s energy blueprint aligned with India’s projected economic growth of over 7 percent. He said rising energy demand would be addressed through strengthening domestic exploration and production and positioning India as a reliable global supplier of refined petroleum products.
Mittal said increased drilling, accelerated upstream activity and integration of refining with petrochemicals would enhance self-reliance, maximise value addition and reduce import dependence. He added that India is building scale domestically while remaining competitive in global markets.
On energy transition, Mittal said technology and digitalisation are becoming central to improving efficiency and lowering costs. He said India is on track to achieve its compressed biogas targets, with a goal of 5 percent blending by 2030, supported by state participation and farmer-led biomass supply chains.
India Energy Week 2026, held in Goa from January 27 to January 30, concluded with a renewed emphasis on balancing energy security, affordability and sustainability, reinforcing India’s position as a stable and credible leader in the evolving global energy landscape.
