Saturday, July 14, 2018

The India-Russia-US Energy Triangle

In early June 2018, India received its first consignment of liquefied natural gas (LNG) from Russia’s Gazprom. This followed the first ever arrival of an LNG cargo to Indian shores from the United States in March this year. Each occasion found India’s Union Minister of Petroleum and Natural Gas (MoPNG), Dharmendra Pradhan, in attendance, as if to symbolize that India is engaging both the United States and Russia as part of its agenda to diversify away from acute dependence on OPEC for energy sources. It also means that the United States and Russia, besides vying for a share of the Indian defense market, will now increasingly find themselves in competition for India’s energy pie as well.

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