Union Minister Mr Hardeep Puri shared in a Social Media post:

India’s energy PSUs are pursuing global assets including equity oil, dividend models and strategic partnerships alike, to secure long-term, diversified energy supplies for the country under the firm and decisive leadership of PM Mr Narendra Modi Ji.

Reviewed the overseas upstream E&P portfolio of India’s energy sector PSUs today. The sector includes ONGC Videsh, IOCL, BPRL, OIL and GAIL which share a combined footprint spanning 20+ countries across North America, Latin America, CIS, Middle East, Africa and Asia Pacific. These entities hold equity in active producing assets alongside key development projects in Mozambique, Brazil, UAE, Venezuela and Libya, with cumulative investments running into billions of dollars.

A clear reaffirmation that India’s energy security strategy extends confidently beyond our shores.