At the 40th Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC 2024), India’s Minister of Petroleum and Natural Gas, Shri Hardeep S Puri, praised the UAE for its leadership in the global energy sector, particularly in green hydrogen production and critical mineral development. Puri noted the UAE’s exceptional energy mix and its significant strides in the energy transition phase, which position the country as a key player in global energy markets.
Puri highlighted the close and growing economic collaboration between India and the UAE, particularly in energy. He noted that several economic and trade agreements between the two nations have recently come into effect, with a focus on enhancing bilateral trade and fostering sustainable energy partnerships. One of the key developments in this cooperation is a new long-term agreement between India and ADNOC (Abu Dhabi National Oil Company) to supply one million metric tonnes of natural gas annually to India, delivered through Indian Oil Corporation Limited’s ports. This agreement marks a significant step in strengthening energy relations and opens up new avenues for future collaboration.
India, with its growing demand for natural gas, aims to increase the share of gas in its energy mix from 6% to 15% by October 2025. Puri expressed confidence that the UAE and India’s continued partnership holds vast potential for expanding energy cooperation, particularly in the areas of natural gas and clean energy solutions.
The Indian Minister also discussed the transformative role of artificial intelligence (AI) in the energy sector, calling it a “game-changing” technology. Puri highlighted that India is increasingly incorporating AI into various sectors, including energy, to drive innovation and optimize energy management.
Additionally, Puri noted the prominent participation of Indian energy companies at ADIPEC 2024, describing the exhibition as a vital platform for sharing best practices, discussing advanced energy technologies, and sealing important business deals that will shape the future of the global energy sector. The growing India-UAE energy partnership is poised to further advance both countries’ shared vision of a sustainable, technology-driven energy future.
