The Economic Times | India, Guyana to join forces in oil and gas

Jan 12,2023

India and Guyana have agreed to cooperate in the oil and gas sector, including long-term crude purchase from the South American country and investment in its upstream sector.

Oil minister Hardeep Singh Puri met Guyana president Mohamed Irfaan Ali on Thursday.

"The leaders agreed on direct government-to-government cooperation across the entire spectrum of the oil and gas sector including increased long-term offtake, participation in exploration and production activities in Guyana, technical cooperation in the midstream and downstream sector and capacity building," the oil ministry said in a statement.