Guyana offers to supply up to 20% of India's crude oil
Guyana's High Commissioner says the South American nation is prepared to become a major energy supplier to India.
At a glance
- Guyana offers to supply up to 20% of India's crude oil needs
- Move aims to help India diversify energy sources
- Offer made by Guyana's High Commissioner
Guyana has expressed readiness to supply up to 20 per cent of India's crude oil requirements, according to the country's High Commissioner. The offer comes as India seeks to diversify its energy sources amid regional uncertainties.
The proposal positions Guyana as a potential major supplier to meet India's growing demand for crude oil.
Why it matters
India is seeking to reduce energy supply risks by diversifying crude oil sources away from traditional suppliers in regions facing uncertainty.
Original reporting
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