India’s Energy Policy Cooperation with West Asian Countries1. Oil Imports:

• India heavily relies on West Asian countries for its crude oil supply. Saudi Arabia and Iraq are major suppliers, with India importing a significant portion of its oil from them. In 2022, India secured long-term oil supply agreements with Saudi Arabia to ensure stable oil supplies and manage energy security.

2. LNG Supply:

• Qatar is a key partner in liquefied natural gas (LNG) supply. India has established long-term contracts with Qatar to import LNG, providing stability in energy supplies. In 2022, India and Qatar expanded their LNG contracts to meet growing energy demands.

3. Energy Investments:

• India is involved in energy infrastructure projects in West Asia. For instance, India and the UAE have collaborated on renewable energy projects, including solar energy initiatives. The India-UAE Comprehensive Economic Partnership Agreement (CEPA), signed in 2022, emphasizes energy cooperation and investment.

4. Geopolitical Considerations:

• India’s energy policy is influenced by geopolitical dynamics in West Asia. Issues such as conflict in the Gulf region and Iran’s sanctions impact energy supply routes and prices. India’s strategy includes diversifying energy sources and strengthening partnerships to mitigate risks.

Recent Example:

• In 2022, India and Saudi Arabia deepened their energy cooperation through the India-Saudi Arabia Strategic Partnership Council, focusing on sustainable energy projects and enhancing bilateral energy ties.

Conclusion

India’s energy security is closely linked to its cooperation with West Asian countries, focusing on oil and gas imports, energy investments, and managing geopolitical risks. Strengthening these partnerships is crucial for sustaining India’s economic progress and energy stability.