¨     India and Canada signed a Joint Statement on Energy Cooperation.

¨     The signing took place during India Energy Week 2026 in Goa.
¨     The agreement strengthens bilateral cooperation in the energy sector and covers both conventional and clean energy areas.
¨     The statement followed a meeting between India’s Minister for Petroleum and Natural Gas, Hardeep Singh Puri and Canada’s Minister of Energy and Natural Resources, Timothy Hodgson.
¨     The meeting also marked the revival of the India–Canada Ministerial Energy Dialogue.
¨     Both sides highlighted the need for diversified energy supplies.
¨     The engagement followed directions from the Prime Ministers of both countries during the G7 Summit in June 2025, held in Kananaskis, Canada.
¨     Canada pointed to increased crude oil exports to Asia. Crude oil exports will move through the Trans Mountain Expansion pipeline.
¨     India is the world’s third-largest consumer of oil. India is also the fourth-largest importer of LNG. India is a major global refining hub.
¨     India will drive over one-third of global energy demand growth in coming decades.
¨     India highlighted investment opportunities worth nearly 500 billion US dollars, spanning the entire energy value chain.
¨     The ministers reaffirmed continued government-level dialogue.
¨     This will continue through the India–Canada Ministerial Energy Dialogue.