India’s Modi meets Delcy Rodriguez as India expands Venezuela oil imports
India and Venezuela are exploring wider investment ties as officials seek to deepen energy cooperation, with bilateral trade at $678.94 million in FY 2025-26.
- On Thursday, Indian Prime Minister Narendra Modi met with Venezuelan Acting President Delcy Rodriguez in New Delhi to discuss bilateral ties and energy cooperation between the two nations.
- India imports about 90% of its oil, with half passing through the Strait of Hormuz, a key route effectively closed by the Iran war, prompting the nation to seek alternative suppliers.
- Venezuelan crude imports have surged in recent weeks, making Venezuela India's third-largest supplier. Foreign ministry official Rudrendra Tandon, Secretary , said India is "aggressively seeking new sources of crude oil and energy to strengthen its energy security."
- Rodriguez also met External Affairs Minister Subrahmanyam Jaishankar on Thursday and is scheduled for talks with Petroleum Minister Hardeep Singh Puri while touring Indian energy and automobile facilities.
- Beyond oil, India and Venezuela are exploring reciprocal investments in mining and critical minerals, with Rodriguez planning further meetings with industry leaders in Mumbai as the country positions itself as a preferred partner.
102 Articles
102 Articles
India Turns to Venezuela Oil as the Hormuz Crisis Bites
Venezuela · Economy Key Facts —The meeting: Venezuela’s acting president, Delcy Rodríguez, met Prime Minister Narendra Modi in New Delhi on June 4 during a five-day visit focused on energy. —The volumes: Venezuelan shipments to India reached about 417,000 barrels a day this month, up from roughly 283,000 in April and from zero for most […] The post India Turns to Venezuela Oil as the Hormuz Crisis Bites appeared first on The Rio Times.
Venezuela’s Delcy Rodriguez Holds High-Level Meetings in India Consolidating Oil Provisions
Caracas (OrinocoTribune.com)—Venezuela’s Acting President Delcy Rodríguez has held a series of high-level meetings in New Delhi, focusing on expanding energy cooperation, geopolitical alliances, and economic investments. The official itinerary included a comprehensive review of bilateral maps with far-right Indian Prime Minister Narendra Modi at the Hyderabad House, a working meeting with Minister for External Affairs Subrahmanyam Jaishankar, an…
Indian Companies Eye Venezuelan Oil Fields as Imports Surge 51% in a Month
Indian energy companies are interested in expanding into Venezuelan oil, New Delhi’s top energy official Hardeep Singh Puri said today at a meeting with Venezuela’s interim president Delcy Rodriguez in India, as quoted by Reuters. The report follows earlier media coverage of the meeting, citing Indian officials as saying that Venezuela’s government sees the country as a preferred partner in energy matters. “We are working with a government that …
Indian Prime Minister Narendra Modi received on Thursday Delcy Rodríguez, leader of the Venezuelan regime, before a meeting to boost trade between one of the main oil exporters and his nation, avid for energy. Following the meeting in New Delhi between the two leaders, the Indian Foreign Ministry stressed that the Asian giant sees Venezuela's vast oil reserves as an "opportunity" and noted that it has already become one of its main sources of cr…
‘Will Continue To Work Together’: PM Modi Meets Venezuela’s Delcy Rodriguez
Prime Minister Narendra Modi on Thursday met Venezuela’s Acting President Delcy Rodriguez in New Delhi, with discussions focused on expanding bilateral cooperation in energy, critical minerals, technology, agriculture, healthcare and people-to-people ties. “Happy to meet with the Acting President of Venezuela, Ms. Delcy Rodríguez. We had extensive discussions on expanding our cooperation in energy, critical minerals, technology, agriculture, hea…
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