India-UAE Sign Strategic Oil Reserve Pact
India and the United Arab Emirates have signed a major energy agreement under which Abu Dhabi will store up to 30 million barrels of crude oil in India’s Strategic Petroleum Reserve, strengthening New Delhi’s emergency energy security framework.
India UAE Strategic Petroleum Reserve Pact
The agreement was announced after talks between Prime Minister Narendra Modi and UAE President Sheikh Mohamed bin Zayed Al Nahyan in Abu Dhabi. Under the arrangement, the UAE will store crude oil in India’s strategic reserve system while retaining ownership of the stock.
The pact is significant because it gives India access to additional oil supplies during emergencies, while allowing the UAE to use Indian storage infrastructure for its crude reserves.
UAE To Store 30 Million Barrels In India
The planned storage of up to 30 million barrels will add a major external supply layer to India’s strategic oil security network. India has been working to expand its petroleum reserves to reduce vulnerability during global supply disruptions, price shocks and geopolitical crises.
The arrangement comes at a time when tensions in West Asia have increased concerns over oil flows, shipping routes and energy prices.
Modi UAE Talks Cover Energy And Defence
The India-UAE discussions also covered gas reserves, long-term LPG supply, defence cooperation and investment plans. Both sides reviewed ways to deepen their strategic partnership as regional uncertainty continues to affect global trade and energy markets.
The energy pact reinforces the UAE’s role as one of India’s key energy partners and highlights India’s push to build stronger fuel security buffers through international cooperation.
