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.
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‘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…
India and Venezuela Strengthen Energy Ties Amid Global Oil Turmoil | Science-Environment
India and Venezuela aim to strengthen their energy sector partnership as global oil supplies face disruptions. Venezuelan interim President Delcy Rodriguez visited India to engage in talks with Prime Minister Narendra Modi, focusing on collaboration in energy projects. India continues as a major importer of Venezuelan oil.
India and Venezuela Eye Deeper Economic Ties Beyond Oil During President Delcy Rodríguez's High-Level Delhi Visit
Ministry of External Affairs Secretary (East) Rudrendra Tandon highlighted the vast potential for cooperation, describing Venezuela as a large, resource-rich country blessed with talented and hardworking people that is now showing the first signs of moving onto a path of sustained growth.
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