Tension continues in the Middle East due to the war between America, Israel and Iran. It is expected to have an impact on global energy as well. Meanwhile, a big statement from India has come out. According to government sources, India is in a very good position in energy security. The current condition of the stock is good. The stock is being replenished every day. There is no shortage of LPG or LNG in India, there is no shortage of crude oil in the world. India is also in touch with other suppliers.
Canada-Australia offered
It was said that Australia and Canada have also offered to sell gas to India. India is also looking for other sources. Recently India has signed a new contract with UAE and US.
India is looking for other markets
India imports 195 MMSCMD gas, out of which Qatar supplies only 60 MMSCMD, India is looking for other markets to buy gas. India is talking to big oil producers and traders to buy crude and LPG. India is talking to the International Energy Agency (IEA) and Organization of the Petroleum Exporting Countries (OPEC). India is talking to USA to take insurance of ships. India is reviewing the energy situation twice a day.
