Petroleum Economist’s Editor-in-Chief, Paul Hickin, with Hardeep Singh Puri, India’s minister for petroleum and natural gas
India says doors wide open for energy investment
Hardeep Singh Puri says upstream oil is vital as country goes all out to boost its energy sector across E&P, gas, biofuels and hydrogen amid booming demand
“Our upstream strategy is not just a push. It is a strong imperative,” Indian energy minister Hardeep Singh Puri told Petroleum Economist in an exclusive interview, explaining how exploration and production is a vital cog in India’s energy wheel. Puri pointed out there is a danger when oil prices are relatively stable that countries can be lulled into complacency. “If you can access energy at a cheap price, why should one make major investments to do E&P? India has learned the hard way,” the minister of petroleum and natural gas said in a one-to-one discussion on the sidelines of India Energy Week in February. Puri said that, while many economies have fallen into the complacency trap, In
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