**Executive Summary**
The document summarizes the Ministerial Panel discussion at India Energy Week 2026, held on January 27, 2026. The panel focused on "Charting a Course through Uncertainty: Securing Affordable, Accessible and Sustainable Energy in a Turbulent World," highlighting the need for pragmatic policies, sustained investment, and stronger international partnerships to navigate global energy volatility. The discussion underscored the rising energy demand from emerging economies and the complex energy transition.
**Key Points / Main Content**
* **Panel Discussion Overview:**
* The panel included Shri Hardeep Singh Puri (India), HE Tim Hodgson (Canada), and HE Jassim Al Shirawi (IEF).
* Panelists recognized the heightened uncertainty in global energy systems due to geopolitical tensions and shifting trade dynamics.
* Speakers emphasized the need to address energy security, affordability, and sustainability amidst rising demand and energy transition.
* **India's Perspective:**
* Shri Puri stated energy availability is vital for India's economy and national resilience.
* India has navigated turbulence by diversifying sources and expanding supplier geographies.
* India aims to increase the share of natural gas in its energy mix through collaboration, investment, and realistic transition.
* Energy addition, not abrupt replacement is important to balance supply and demand.
* **Canada's Perspective:**
* HE Tim Hodgson highlighted the importance of trusted partnerships and diversified supply chains.
* Canada is interested in deepening cooperation with India in LNG, critical minerals, oil supplies, and energy trade.
* Middle powers must work together to uphold free trade, reliability, and non-coercive energy relationships.
* **Global Perspective:**
* HE Jassim Al Shirawi noted rising global energy demand is driven by population growth, urbanization, industrialization, and digitalization.
* Oil and gas will continue to play a critical role even as renewables expand.
* Underinvestment, grid constraints, and supply-chain concentration could pose energy security risks.
* Sustained dialogue between producers and consumers is needed to manage the transition.
* **Navigating Uncertainty:**
* The panel stressed realism, adaptability, and cooperation.
* Investments in oil, gas, electricity grids, LNG, critical minerals, and emerging technologies are essential.
**Impact Analysis**
**Stakeholder: Policymakers**
* **Impact:** Need to formulate pragmatic policies to navigate global energy volatility and ensure affordable, accessible, and sustainable energy.
* **Action Required:** Focus on policies promoting sustained investment and stronger international partnerships.
**Stakeholder: Energy Producers and Consumers**
* **Impact:** Continued growth in energy demand should be met through energy addition, ensuring stable and predictable markets.
* **Action Required:** Engage in sustained dialogue to manage the energy transition in a balanced and orderly manner.
**Stakeholder: India**
* **Impact:** Opportunity to deepen cooperation with countries like Canada in the energy sector, especially in LNG, critical minerals, oil supplies, and energy trade.
* **Action Required:** Focus on increasing the share of natural gas in its energy mix through global collaboration, investment, and realistic transition pathways.
**Stakeholder: Global Energy Sector**
* **Impact:** Requires investment across oil, gas, electricity grids, LNG, critical minerals and emerging technologies to ensure an inclusive, affordable and resilient energy transition.
* **Action Required:** Adopt realism, adaptability and cooperation to navigate uncertainty and promote global collaboration.
Key Entities Referenced
India Energy Week (IEW) 2026: A high-level ministerial panel discussion that brought together senior policymakers to deliberate on energy security, investment, and global cooperation.
Ministry of Petroleum & Natural Gas: The Indian ministry overseeing petroleum and natural gas matters, represented by Hardeep Singh Puri at the panel.
Hardeep Singh Puri: Minister of Petroleum and Natural Gas, India, who participated in the panel discussion.
International Energy Forum (IEF): The global energy organization, represented by its Secretary General at the panel discussion.
Canada: Country represented by Minister of Energy and Natural Resources, Tim Hodgson, expressing interest in deepening energy cooperation with India.
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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MN
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