IEW 2026: Ministerial Panel Underscores Energy Security, Investment Continuity and Global Cooperation Amid Geopolitical Uncertainty

Ministry of Petroleum & Natural Gas IEW 2026: Ministerial Panel Underscores Energy Security, Investment Continuity and Global Cooperation Amid Geopolitical Uncertainty Rising Demand from Emerging Economies Emphasises Need for All Energy Sources प्रव तथ: 27 JAN 2026 4:36PM by PIB Delhi A high-level Ministerial Panel on the first day of India Energy Week 2026 brought together senior policymakers to deliberate on “Charting a Course through Uncertainty: Securing Affordable, Accessible and Sustainable Energy in a Turbulent World.” The discussion highlighted the need for pragmatic policies, sustained investment and stronger international partnerships to navigate global energy volatility.

Participating in the panel were Shri Hardeep Singh Puri, Minister of Petroleum and Natural Gas, Government of India, HE Tim Hodgson, Minister of Energy and Natural Resources, Canada, and HE Jassim Al Shirawi, Secretary General of the International Energy Forum (IEF).

The panel voiced the mutual recognition that global energy systems are facing heightened uncertainty driven by geopolitical tensions and shifting trade dynamics. Speakers emphasised that rising demand from emerging economies, and the accelerating pace of the energy transition has brought energy security, affordability and sustainability in sharper focus, with no single pathway applicable to all countries.Speaking from India’s perspective, Shri Hardeep Singh Puri underlined that energy availability is the lifeline of a growing economy and a matter of national resilience. He noted that India has successfully navigated recent global turbulence without shortages by diversifying sources, expanding supplier geographies and unfurling reforms across the energy value chain.

Highlighting India’s ambition to increase the share of natural gas in its energy mix, Shri Puri stressed the importance of global collaboration, investment and realistic transition pathways. Shri Puri reiterated that the global transition efforts should recognise that continuing growth in energy demand can be met through energy addition, not abrupt replacement as stable, predictable markets are in the shared interest of producers and consumers alike.

Canada’s Minister of Energy and Natural Resources, HE Tim Hodgson, noted that a more fragmented and mercantilist global trading environment has reinforced the importance of trusted partnerships and diversified supply chains.

Highlighting Canada’s position as a major producer of oil, gas and critical minerals, he expressed strong interest in deepening cooperation with India, particularly in the areas of LNG, critical minerals, oil supplies and long-term energy trade. The Minister also underscored that middle powers must work together to uphold free trade, reliability and non-coercive energy relationships.

Providing a global perspective, IEF Secretary General Jassim Al Shirawi highlighted rising global energy demand driven by population growth, urbanisation, industrialisation, digitalisation and improving living standards. He noted that oil and gas will continue to play a critical role even as electrification and renewables expand as feedstocks for industry and petrochemicals.

The Secretary General cautioned that underinvestment, grid constraints, supply-chain concentration and fragmentation could pose risks to energy security. He also called for sustained dialogue between producers and consumers to manage the transition in a balanced and orderly manner.

The panel stressed that navigating uncertainty will require realism, adaptability and cooperation. It identified investments across oil, gas, electricity grids, LNG, critical minerals and emerging technologies as essential to ensuring that the energy transition remains inclusive, affordable and resilient.

About India Energy WeekIndia Energy Week is the country’s flagship global energy platform, bringing together government leaders, industry executives and innovators to accelerate progress toward a secure, sustainable and affordable energy future. As a neutral international forum, IEW drives investment, policy alignment and technological collaboration shaping the global energy landscape.

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