Canadian Prime Minister Mark Carney described his country as a "energy superpower" poised to meet India's energy needs, which is expected to treble by 2040.
In a video released on Wednesday, Carney is shown delivering a remark with Prime Minister Narendra Modi, stating that Canada provides the world's lowest-carbon, most reliable Liquefied Natural Gas (LNG), which is widely utilized in Asia and Europe for heating, power, and industrial purposes. A war in the Middle East has affected supplies from Qatar, resulting in price increases and supply adjustments.
Carney proposed Canada as a strategic partner, noting that India intends to grow its renewable capacity by 500 gigawatts by the end of this decade and nearly quadruple the share of LNG in its primary energy mix during the same period.
Furthermore, he stated, "As India seeks access to critical minerals for its manufacturing, clean technology, and nuclear plans, Canada's resource base and world-class companies position it as a strategic partner." 40% of the world's mining businesses are listed in Canada."According to CBC, India has expressed a desire to buy whatever Canada has to offer, including oil, LPG, LNG, and uranium, while pressing Ottawa to simplify clearances so New Delhi can serve a rapidly rising economy.
Petroleum and Natural Gas Minister Hardeep Singh Puri stated that India is expanding its energy import sources beyond the Middle East. He stated that India continues to receive energy imports from various sources and supply lines, assuring stable fuel availability. He went on to say that the government has taken many steps to ensure that fuel supply for homes and important sectors are uninterrupted.
Carney tweeted the video on X soon after speaking with French President Emmanuel Macron about the Iran-Israel conflict, the Middle East situation, the blockage of the Strait of Hormuz, and the impact on rising energy costs. The conversation comes ahead of the G7 leaders' meeting on Wednesday. He had similar discussions with US President Donald Trump on Monday, and they agreed to stay in touch as the war progressed.
Earlier this week, Carney and Qatar's Emir Sheikh Tamim bin Hamad al-Thani emphasized the importance of stepping up talks to prevent a larger war. They criticized Iran's strikes on Qatar and asked all parties to stop targeting civilians and infrastructure.