India, Canada agree to deepen energy trade

India and Canada on Tuesday agreed to deepen bilateral energy trade, including supplies of Canadian liquefied natural gas (LNG), liquefied petroleum gas (LPG) and crude oil to India, and export of refined petroleum products from India to Canada, as the two sides sought to revitalise energy cooperation after a prolonged diplomatic chill.

The commitment was made in a joint statement issued after Petroleum and Natural Gas Minister Hardeep Singh Puri and Canada’s Minister of Energy and Natural Resources Timothy Hodgson met on the sidelines of India Energy Week 2026 in Goa. The meeting also marked the relaunch of the India-Canada Ministerial Energy Dialogue.

The ministers underlined that energy security and diversity of supply were central to the economic wellbeing and long-term stability of both countries. They noted that India and Canada’s energy sectors were highly complementary, offering scope for sustained and mutually beneficial engagement.