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India Energy Week 2026 | INTERNATIONAL
Investing in India’s energy
sector is profitable
India is currently on the Prime Minister Narendra Modi told representatives from
reform express. Reforms are 125 countries attending India Energy Week 2026 that India
makes investment in the energy sector very profitable.
being implemented rapidly in The country has a very large refining capacity; India ranks
every sector. Reforms are being second in the world in this regard and will soon be number
undertaken to strengthen one. Today, India’s refining capacity is approximately
260 MMTPA, and continuous efforts are being made to
the domestic hydrocarbons increase it to over 300 MMTPA. India has set a target
sector. A transparent and of meeting 15 percent of its total energy demand with
investor-friendly environment liquefied natural gas (LNG). Prime Minister Modi said that
there is a need to work on the entire LNG value chain.
is being created for global We are working on manufacturing the vessels required for
collaboration. We have LNG transportation in India itself. Recently, a program
significantly reduced the no- worth Rs. 70,000 crore has been launched for shipbuilding
in India. A very large pipeline network is also now needed
go areas in the in India for LNG transportation.
exploration
sector. India’s export coverage extends to
more than 150 countries worldwide
Narendra Modi,
Prime Minister India is a land of immense opportunities for the energy
sector. India is one of the world’s fastest-growing
major economies, leading to a continuously
increasing demand for energy products. In
addition, India offers excellent opportunities to
meet global demand. Today, India is among the
top 5 exporters of petroleum products in the
world, with export coverage to more than 150
Scan the QR
code to watch the countries. Prime Minister Modi told investors
Prime Minister’s that India’s capacity will be very useful. The
full program.
India Energy Week 2026 platform is an
excellent place to explore partnerships.
exploration is one such example. India is striving square kilometers. With this vision, more than 170
to increase investment in its oil and gas sector to blocks have already been awarded. The Andaman
$100 billion by the end of this decade, with a target and Nicobar basin is also emerging as the country’s
of expanding the exploration area to 1 million next hydrocarbon hope.n
February 16-28, 2026 || NEW INDIA SAMACHAR 55

