VIDEO: India minister on UAE oil storage deal, energy equations with Arab world
In a matter of months, the decades-old India-UAE energy interdependence has undergone major transformation.
Driving this partnership is not just the demand and supply equation but several initiatives that have made the two sides stakeholders in an industry that has been in choppy waters and is expected to remain turbulent in the near future.
Tasked with ensuring smooth energy supply to the world’s second most populous country, Dharmendra Pradhan, India’s Minister of Petroleum and Natural Gas and Skill Development and Entrepreneurship, was in the UAE taking such initiatives to the next level.
Pradhan sat down with Al Arabiya English to explain the significance of cooperation for both the sides.
Besides being the Energy Minister, Pradhan also looks after India’s Skill Development and Entrepreneurship Ministry and seamlessly wears the two hats.
During his three-day visit to the UAE, he met his counterpart in the UAE to discuss ways to enhance quality of manpower supplied from India and told Al Arabiya about the agreements reached between the two sides.
During the interview, he also stressed the importance of leadership on both sides, which have led to what he called a “win-win” situation for India and the UAE.
India’s Ambassador to the UAE, Navdeep Singh Suri, also gave his insights on how these initiatives are working on the ground and what is in store for the energy sector on both sides.