Overview
India and the United Arab Emirates signed major energy agreements on 15 May 2026 during Prime Minister Narendra Modi’s visit to Abu Dhabi. The agreements focus on strategic petroleum reserves and increased liquefied petroleum gas (LPG) supplies to India. The partnership aims to strengthen India’s energy security and ensure stable fuel supply during global market disruptions.
India and UAE Sign New Energy Agreements
The agreements were signed after bilateral talks between:
- Narendra Modi
- Sheikh Mohamed bin Zayed Al Nahyan
The discussions took place in Abu Dhabi.
The new partnership includes:
- Cooperation in strategic petroleum reserves
- Increased LPG supplies to India
UAE Is a Major Energy Partner for India
The United Arab Emirates plays an important role in India’s energy imports.
LPG Supply to India
The UAE supplies around:
- 40% of India’s LPG requirement
LPG is widely used for:
- Cooking
- Heating
- Industrial purposes
Crude Oil Supply
The UAE was India’s fourth-largest crude oil supplier in the previous year.
It contributed nearly:
- 11% of India’s crude oil imports
Earlier Cooperation on Strategic Petroleum Reserves
India and the UAE had already partnered in 2018 on crude oil storage.
Mangaluru Storage Facility
Indian Strategic Petroleum Reserves Limited and Abu Dhabi National Oil Company agreed to store more than:
- 5 million barrels of crude oil
The storage facility is located in:
This cooperation helped strengthen India’s emergency oil reserves.
What Are Strategic Petroleum Reserves?
Strategic petroleum reserves are emergency stockpiles of crude oil maintained by countries.
These reserves are used during:
- International supply disruptions
- War or conflict situations
- Sudden oil price shocks
- Maritime transport risks
They are an important part of national energy security.
India’s Strategic Petroleum
Month: Current Affairs - May 16, 2026
Category: International Relations | Economy