Particle.news
Download on the App Store

India, Canada Reset Energy Partnership With Roadmap for Oil, LNG and Critical Minerals

Canada is courting India’s surging energy demand to diversify exports beyond the U.S.

Overview

  • Ministers relaunched the CanadaIndia Ministerial Energy Dialogue in Goa and unveiled a plan for long‑term trade in Canadian crude, LNG and transition minerals.
  • Oil India Ltd was directed to lead consortia to secure and explore lithium, cobalt and rare‑earth assets in Canada.
  • Follow‑on talks in New Delhi advanced cooperation on EV batteries and clean manufacturing, alongside civilian uranium supply under IAEA safeguards.
  • Canada highlighted new west‑coast export capacity, including the TMX pipeline, and discussed reciprocal flows such as Indian refined product shipments.
  • Next steps include a March trade mission to New Delhi, India’s delegation to the PDAC convention in Toronto and the first CanadaIndia Critical Minerals Annual Dialogue, with Ottawa linking the reset to its goal of doubling non‑US exports by 2035.