India a Decisive Driver of Global Energy Demand, Says UAE Minister

• UAE Minister Sultan Al Jaber stated India's fast-growing economy makes it a decisive driver of global energy demand, propelling consumption across sectors like air travel and data centers.
• Speaking at India Energy Week, Al Jaber highlighted three megatrends: the rise of emerging markets (led by Asia and India), exponential growth of AI and digital infrastructure, and transformation of energy systems.
• These megatrends are driving the largest expansion of energy demand in human history, with oil demand remaining above 100 million barrels per day and LNG demand climbing over 50% by 2040.
• India's air travel is projected to grow by 150% in 15 years, its cities will approach one billion people, and data center capacity will increase tenfold, making it central to global energy trends.
• The UAE-India relationship is strategic, with bilateral trade exceeding USD 100 billion and a target to double it to USD 200 billion by 2032, covering energy, technology, and other sectors.

Why It Matters: India's rapid economic growth positions it as a key driver of global energy demand, fostering strong UAE partnership.