What Did Hardeep Puri Discuss with BP CEO Amid India's Energy Security Focus?
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Synopsis
Hardeep Singh Puri's interaction with BP CEO Murray Auchincloss highlights India's commitment to energy security amid its burgeoning economy. As India approaches its Hydrogen Age, significant advancements in green hydrogen production are on the horizon, targeting a major reduction in import dependence by 2030.
Key Takeaways
- Hardeep Singh Puri engaged with BP CEO to discuss energy strategies.
- India is focusing on green hydrogen as a key element of its energy future.
- Collaborations with BP are vital for rejuvenating India's energy landscape.
- India's oil demand is projected to rise significantly by 2050.
- India aims for a substantial share in the global energy market by 2050.
New Delhi, Oct 9 (NationPress) The Minister of Petroleum and Natural Gas, Hardeep Singh Puri, expressed on Thursday that he had a remarkable meeting with BP CEO Murray Auchincloss, who is part of the delegation alongside UK Prime Minister Keir Starmer during his two-day visit to India.
Starmer is leading a group of over 100 British business, academic, and cultural leaders on this inaugural official trip to India, following the recent signing of a free trade agreement (FTA) between the two nations.
“I had a remarkable online discussion with CEO of BP, Murray Auchincloss, and BP India head Kartik Dubey. Murray is currently in Mumbai as part of the business delegation accompanying the British Prime Minister,” stated Puri.
BP has a rich history of engagement in India throughout the entire energy value chain and is currently exploring blocks under OALP Round-10, the minister noted in a post on X.
Indian public sector undertakings have collaborated with BP to rejuvenate the Mumbai High field and are working together in areas such as retail, natural gas, and compressed biogas—all critical elements of India’s drive toward energy security under the guidance of PM Narendra Modi, as highlighted by the minister.
In September of last year, Auchincloss took the company’s entire board on a visit to India. According to BP’s most recent 'Energy Outlook,' India's oil demand is projected to increase more than any other nation through 2050, driven by its rapidly growing economy.
Significantly, India is expected to represent over 12 percent of the global energy market by 2050, up from 7 percent.
Furthermore, Puri declared that India’s Hydrogen Age has commenced, targeting the production of 5 million metric tonnes of green hydrogen by 2030, which will comprise a 10 percent share of the global market.
He mentioned that the cost of green hydrogen is anticipated to decrease to under $3 per kg from the current $3.5 per kg.
If prices decline, India could embrace green hydrogen on a much larger scale, thereby reducing its reliance on imports. Under the leadership of Prime Minister Modi, Bharat is establishing a trusted hydrogen hub that fosters growth, exports, and a cleaner future, emphasized the minister.
Point of View
The interaction between Hardeep Puri and BP's leadership underscores a pivotal moment in India's energy strategy. As the country aims for self-sufficiency in energy production, this collaboration is essential. The focus on green hydrogen and partnerships with global leaders reflects India's commitment to a sustainable and secure energy future.
NationPress
09/10/2025
Frequently Asked Questions
What was discussed during Puri's meeting with BP's CEO?
The discussions centered around BP's extensive engagement in India's energy sector and the exploration of green hydrogen initiatives.
How does India plan to enhance its energy security?
India aims to enhance its energy security through collaborations with global leaders and a significant push toward green hydrogen production.
What is India's target for green hydrogen by 2030?
India is targeting the production of 5 million metric tonnes of green hydrogen by 2030.
What impact will green hydrogen have on India's import dependence?
A larger scale adoption of green hydrogen will help reduce India's reliance on energy imports.
How much of the global energy market will India account for by 2050?
India is projected to account for over 12 percent of the global energy market by 2050.
