Canada Eyes India for Energy Exports, Seeks to Reduce US Dependence

• Canadian Energy Minister Tim Hodgson stated Canada aims to increase energy exports to India to diversify its customer base and lessen reliance on the US.
• Hodgson highlighted India as the world's fastest-growing energy market, identifying crude oil, LNG, and uranium as potential exports.
• Canada currently sends 98% of its energy resources to the US, a strategy Hodgson called a "big blunder," and sees India as a key partner for diversification.
• Despite India's current reliance on Russia, Iraq, Saudi Arabia, and Qatar for energy, Canada is building new pipelines to facilitate exports.
• India's growing nuclear generation plans could particularly boost Canada's uranium supply to the country.

Why It Matters: Canada seeks to diversify energy exports to India, reducing its 98% reliance on the US market.