India Energy Sourcing, US Trade Talks, and Seychelles Fisheries Cooperation

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India’s energy import dynamics have shifted drastically due to ongoing West Asia supply chain disruptions, driving the country’s Liquefied Natural Gas (LNG) import bill up by 24% to $5.6 billion during April-July. To safeguard domestic supply, India has aggressively expanded its LNG sourcing network from 6 to 15 countries and expanded crude oil imports across 41 nations. Sourcing of LPG from the United States spiked dramatically, accounting for over 73% of total domestic LPG imports in July and August, while traditional Gulf supplies from UAE, Qatar, and Saudi Arabia dropped significantly. Simultaneously, Union Commerce Minister Piyush Goyal is scheduled to visit Milwaukee in late September for the G20 Trade Ministerial to negotiate the bilateral trade pact and discuss critical trade framework updates with US Trade Representative Jamieson Greer. On the maritime front, India and Seychelles held high-level discussions to finalize a comprehensive Memorandum of Understanding (MoU). The bilateral partnership aims to optimize tuna value chains, implement artificial intelligence in harvest management, expand marine aquaculture, and establish reciprocal laboratory access to boost sustainable ocean governance.

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