Foreign Secy: India's Energy Policy Prioritizes National Interest, Not Single Source

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News18•09-02-2026, 19:35
Foreign Secy: India's Energy Policy Prioritizes National Interest, Not Single Source
- •Foreign Secretary Vikram Misri stated India's energy import policy is guided by national interest, consumer affordability, and supply security.
- •India, a major net importer of oil and gas, must prioritize stable and affordable energy supplies due to 80-85% import dependency.
- •India's strategy is to diversify energy sources, not rely on any single supplier, to enhance energy security.
- •Availability, fair pricing, and reliability are key drivers; actual sourcing decisions are made by public and private companies based on market conditions.
- •Remarks follow US President Donald Trump's claim that India would halt Russian oil purchases after an India-US trade deal, which New Delhi has not explicitly confirmed.
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