Co-chaired the 7th High-Level India-OPEC Energy Dialogue with my dear friend, OPEC Secretary-General H.E. Haitham Al Ghais, in New Delhi today.
Our candid and constructive discussions reaffirmed the strength of the India-OPEC partnership and opened new avenues for cooperation, particularly in light of the ongoing geopolitical disturbances involving major energy producers and disruptions to global supply chains.
Under the leadership of PM Shri
@narendramodi Ji, India is emerging as a key engine of global energy demand and a vital contributor to energy security, particularly across the Global South.
We also discussed how, despite an energy shock impacting several parts of the world, India successfully navigated the situation and maintained a steady supply of affordable and sustainable fuel for its citizens.
While India has consistently offered a stable and reliable market for hydrocarbons from OPEC countries. I would also like to highlight that India continues to expand its refining capacity. We have recently commissioned an integrated refinery-cum-petrochemical complex with a capacity of 9 million metric tonnes per annum, taking India's total refining capacity to approximately 267.1 MMTPA. Plans are already in place to scale this further to 300.5 MMTPA by 2030, enhancing it further in a bid to become a global refining hub.
@PMOIndia @PetroleumMin @OPECSecretariat @PIB_India @MEAIndia @IndianOilcl @HPCL @BPCLimited @PPACIndia @MIB_India