By Admin 
US Secretary of State Marco Rubio has said that America wants to play a bigger role in meeting India’s growing energy needs. Supporting India’s strategy to diversify energy sources, he said that deeper cooperation in the energy sector between India and the US can further strengthen the long-term energy security of both the countries. In an exclusive interview with news agency IANS at the White House, Rubio said that Washington is well positioned to support India’s growing energy needs, as the two countries deepen their strategic partnership.
Rubio said, I think obviously India has been focusing on diversifying its energy sources for a very long time and so this trend will continue and we definitely want to be a part of it. We think we have some solutions about this. Rubio linked the issue to US President Donald Trump’s efforts to reduce tensions in the Middle East and stabilize the global energy market.
He said, the President has given a chance to peace in the Middle East because he wants more fuel to come to the market for our allies. Rubio emphasized that India’s long-term energy security will depend on maintaining a diverse supply base. “I think the long-term solution is really to diversify their supply,” he said.
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What did the US Foreign Secretary say about Venezuela?
The US Secretary of State also pointed to Venezuela as a possible future source of crude oil for India and said that the US is working to increase the production capacity of Venezuela. Rubio said, I know that India is talking not only to America but also to Venezuela. We are working very closely to increase their production capacity. He said that India’s refining capacity has given it a special place to process Venezuelan crude. India is one of the few countries in the world that has the capacity to refine Venezuelan heavy crude. So we will try to make it easier as well. Rubio said that energy is one of the many areas where Washington and New Delhi have common strategic interests.
India is the world’s oldest democracy
Rubio said, India is the world’s largest democracy and America is the world’s oldest democracy. I think we have a lot of similarities and we can work together in many areas. Rubio described the economy, supply chain, critical minerals, energy, security and freedom of navigation as areas in which the two countries are continuously deepening cooperation. He said, these are all issues that bind us together. We are united on many issues. Rubio also underlined the contribution of the Indian-American community to the relationship and said, you also have a very strong Indian American community, which is an additional bond between our countries.
India-US strategic partnership
The US Secretary of State said that India is one of the fastest growing energy consumers in the world and has continuously increased its imports of crude oil and liquefied natural gas to meet the growing domestic demand. Diversifying energy supply has become a key part of New Delhi’s strategy to increase energy security by reducing dependence on any single source. Energy cooperation has emerged as an important pillar of the India-US strategic partnership. Along with growing trade in oil and LNG, both countries have expanded cooperation in civil nuclear energy, clean energy technologies, essential minerals and strong supply chains as part of their broader economic and strategic engagement.
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