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79 new news items in the last 24 hours
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The Canadian official acknowledges that dependence on the USA for energy exports is a "strategic error" and aims to diversify towards India.

Radu Burcă
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27 January 2026, 13:12
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International
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A Canadian official stated that 98% of Canada's energy exports to the U.S. represent a "strategic error" and emphasized the need for market diversification. India is seen as an attractive market due to the rapid growth in energy demand. Canada could supply India with oil, liquefied natural gas (LNG), and uranium, resources that it currently does not export.


Currently, India relies on Russia, Iraq, and Saudi Arabia for oil and on Qatar for LNG. Canada is investing in energy infrastructure, including pipelines to the West Coast, to facilitate exports. Additionally, India's ambitions to expand nuclear capacity could boost demand for Canadian uranium. The Canadian Minister of Energy highlighted the importance of diversification and viewed India as a long-term strategic partner, which could reconfigure global energy flows.

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Canada vrea să cucerească piața energetică din India după „greșeala strategică” față de SUA
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independent.co.uk
Canada and India agree to expand oil and gas trade as energy ties reset

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