India diversifies energy sourcing; taps 15 countries for LNG, 41 for crude | TheBriefWire
India diversifies energy sourcing; taps 15 countries for LNG, 41 for crude
Published 10 August 2026 ยท finance
India is expanding its energy import portfolio for both LNG and crude oil, striving to diminish reliance on any singular market or transport path. Additionally
India is expanding its energy import portfolio for both LNG and crude oil, striving to diminish reliance on any singular market or transport path. Additionally, the government is boosting domestic crude oil storage with new infrastructure. These strategies equip India to better handle supply interruptions and market fluctuations, ultimately strengthening the nation's resilience to global energy shocks.
Published: August 10, 2026 โข 5:26 PM IST ยท Updated: August 10, 2026 โข 6:02 PM ISTBy TheBriefWire Editorial Team
Key points
India is expanding its energy import portfolio for both LNG and crude oil, striving to diminish reliance on any singular market or transport path.
Additionally, the government is boosting domestic crude oil storage with new infrastructure.
These strategies equip India to better handle supply interruptions and market fluctuations, ultimately strengthening the nation's resilience to global energy shocks.