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India Explores Oil Deals with Guyana, Suriname, Namibia

India, the world’s third-biggest oil importer and consumer, is looking to diversify its crude sources….reports Asian Lite News

India has been talking to Guyana, Suriname and Namibia regarding oil cooperation, informed Union Petroleum Minister Hardeep Singh Puri on Monday while asserting that there is no shortage of crude oil globally.

His statement comes as the Organization of the Petroleum Exporting Countries and its allies (OPEC+) are extending their voluntary oil output cuts of 2.2 million barrels per day (bpd) into the second quarter.

Responding to the development, Puri said: “Whatever decision Opec+ takes it is their sovereign decision… I speak with confidence as a representative of a country that we will navigate through this. If you sell, we will buy. If you don’t we will buy from someone other.”

“There is no shortage of crude oil in the world. My view is that there is enough oil present with Opec+… we have been talking to Guayana, Suriname, Namibia. Venezuela has some difficulties $600 million were stuck… that is coming in. I am confident. We will navigate through this. In coming time I don’t see any difficulty in this,” he added.

India, the world’s third-biggest oil importer and consumer, is looking to diversify its crude sources.

India is considering a multi-year oil purchase agreement with Guyana.

crude oil, UAE-based Indian national sanctioned by US for smuggling Iranian oil.

Last year, the Ministry of External Affairs also said India is keenly looking at oil and gas cooperation with Guyana and Suriname.

Discussions in this regard were held during meetings of President of Cooperative Republic of Guyana Dr Mohamed Irfaan Ali and Republic of Suriname president Chandrikapersad Santokhi with President Draupadi Murmu and Prime Minister Narendra Modi on the sidelines of Pravasi Bharatiya Divas convention last year in January.

Meanwhile, India and Namibia are exploring possibilities regarding oil and gas cooperation.

During his visit to Namibia, External Affairs Minister S Jaishankar last year said there is a much clearer picture of the possibilities before the two countries. “Closer cooperation in the field of energy, including in oil and gas, green hydrogen, and solar,” he has said.

India, the world’s third-biggest oil importer and consumer, is dependent on crude oil from various sources in the global market to meet its domestic demand. (ANI)

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Guyana’s PM due in India, to hold meeting with President

In April last year, Jaishankar paid a visit to Guyana and called on PM Mark Phillips and discussed energy, disaster resilience, and defence cooperation…reports Asian Lite News

Guyana’s Prime Minister Brigadier (Ret’d) Mark Phillips will embark on his visit to India on February 6 and is scheduled to hold a meeting with President Droupadi Murmu at the Rashtrapati Bhawan.

Guyana PM Mark Phillips will arrive on Tuesday in New Delhi.

He will hold a meeting with External Affairs Minister S Jaishankar on Wednesday at the Hotel Taj Palace.

Later in the evening, he will hold a meeting with President Murmu.

After his meeting with President Murmu, Phillips will meet Vice President Jagdeep Dhankhar at the India Habitat Centre, the External Affairs Ministry confirmed.

Later, the Guyana PM will be attending programmes in Delhi and Agra from February 8 to February 10.

He will depart from India on February 11, according to the statement released by the MEA.

In April last year, Jaishankar paid a visit to Guyana and called on PM Mark Phillips and discussed energy, disaster resilience, and defence cooperation.

He also co-chaired the 5th India-Guyana Joint Commission Meeting with his Guyana counterpart Hugh Todd and held “comprehensive discussions” related to agriculture, energy, health and pharmaceuticals and defence cooperation.

He also said it is very natural to discuss cricket on a visit to Guyana, as he called the nation, the land of Rohan Kanhai and Lance Gibbs.

Moreover, Jaishankar, during his Guyana visit also celebrated Earth Day and planted a tree.

“Celebrated Earth Day in Georgetown by planting a Simarupa tree in this beautiful country. May this sapling grow and prosper reflecting the strength and vitality of the India-Guyana relationship,” the minister posted on X.

Jaishankar also met his counterpart from Saint Lucia, Alva Baptiste, in Guyana.

India’s relations with Guyana are warm and cordial, with a high degree of understanding. (ANI)

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Guyana President and Jaishankar unveil India-made ferry

The ferry has been built by Garden Reach Shipbuilders and Engineers in Kolkata…reports Asian Lite News

External Affairs Minister S Jaishankar on Monday joined Guyana’s President Irfaan Ali at the commissioning of the ferry MV MA Lisha in Georgetown.

The ferry has been built by Garden Reach Shipbuilders and Engineers in Kolkata.

“Joined President of Guyana Irfaan Ali at the Commissioning of the ferry MV MA Lisha today. This ferry would significantly enhance connectivity within Guyana. It will provide mobility and economic opportunities for distant hinterlands,” he tweeted.

Jaishjankar also joined Ali at his Eid dinner and thanked him for his hospitality as well as warm welcome during his Guyana visit.

‘MA Lisha’ means friendship and it would significantly enhance connectivity within Guyana. It will provide mobility and economic opportunities for the Indian community in the country.

“Delighted to interact with the Indian community today evening in Guyana. Thank Vice President Bharrat Jagdeo and Speaker Manzoor Nadir for joining us. Conveyed that we are forging a partnership that is fit for purpose for the contemporary era,” tweeted Jaishankar.

The EAM appraised them of his discussions with the Guyanese leadership and common resolve to upgrade the level of partnership between India and Guyana.

Jaishankar addressed the India-Guyana Business Round Table in Guyana saying that the partnership of both countries holds new possibilities, while also underlining the new focus areas as earlier agreed upon by the two countries.

Taking to Twitter on Sunday, Jaishankar said he underlined the new focus areas as earlier discussed by Guyanese President Irfaan Ali and Prime Minister Narendra Modi including energy, health and pharma, technology and defence.

The External Affairs Minister took part in the India-Guyana Business Round Table in the presence of Guyanese Foreign Minister Hugh Todd, Finance Minister of Guyana, Ashni Singh and Public Works Minister of Guyana, Deodat Indar.

“Addressed the India-Guyana Business Round Table. Appreciate participation of Foreign Minister Hugh Todd, Finance Minister Ashni Singh and Public Works Minister Deodat Indar,” Jaishankar tweeted.

Jaishankar said a delegation from the Confederation of Indian Industry (CII) also took part in the Round Table, which is a reflection of India’s growing engagement with Latin America.

He also met Guyanese service officers who underwent training in India and paid a site visit to the East Bank-East Coast Road Linkage Project along with the Minister of Public Works Deodat Indar.

“Pleased to meet Guyanese service officers yesterday who underwent training in India. ‘Delivered by India’ is a growing global infra reality. Paid a site visit to the East Bank-East Coast Road Linkage Project along with Minister of Public Works Deodat Indar. Interacted with workers and senior staff. Impressed by their enthusiasm,” he said. (ANI)

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‘India-Guyana ties hold many possibilities’

Jaishankar who is on a three-day visit to Guyana addressed the India-Guyana Business Round Table on the last day of his trip…reports Asian Lite News

External Affairs Minister S Jaishankar addressed the India-Guyana Business Round Table in Guyana, and said that the partnership of both countries holds new possibilities, while also underlining the new focus areas as earlier agreed upon by the two countries.

Jaishankar who is on a three-day visit to Guyana addressed the India-Guyana Business Round Table on the last day of his trip. Taking to Twitter on Sunday, Jaishankar said he underlined the new focus areas as earlier discussed by Guyanese President Irfaan Ali and Prime Minister Narendra Modi including energy, health and pharma, technology and defence.

The External Affairs Minister took part in the India-Guyana Business Round Table in the presence of Guyanese Foreign Minister Hugh Todd, Finance Minister of Guyana Ashni Singh and Public Works Minister of Guyana Deodat Indar.

“Addressed the India-Guyana Business Round Table. Appreciate participation of Foreign Minister Hugh Todd, Finance Minister Ashni Singh & Public Works Minister Deodat Indar,” Jaishankar tweeted.

Jaishankar said that a delegation from the Confederation of Indian Industry (CII) also took part in the Round Table, which is a reflection of India’s growing engagement with Latin America.

CII is a premier business association, which partners with Indian Industry, government and civil society to create and sustain an environment conducive to the development of India.

In a series of tweets after the Round Table, the EAM said, “Given the impressive growth rate of Guyana and India, our partnership holds many new possibilities. Underlined that the new focus areas agreed to by President Ali and PM @narendramodi -energy, health and pharma, development partnership & capacity building, agriculture, innovation, technology and defence and infrastructure will be the drivers of our ties.”

“My presence here is intended to take forward the momentum created by the visits of President Ali and Vice President Jagdeo recently. Strong economics will complement shared values in taking our partnership to a new level,” Jaishankar tweeted

Air services deal

India and Guyana signed an Air Services Agreement (ASA) on Saturday to facilitate easier travel between the two nations, News Room Guyana reported citing the release from the Ministry of Public Works of the country.

The agreement was signed between Minister of Public Works Bishop Juan Edghill, M.P and the High Commissioner of India to Guyana KJ Srinivasa, and in the presence EAM S Jaishankar who is on a 3-day visit to Guyana. The agreement’s signing is consistent with the government’s objective to establish ties between Guyana and the rest of the world.

It will also complement the more than 50 Air Services Agreements Guyana has negotiated with other ICAO governments for the advancement of interstate air travel.

Along with Jaishankar, Minister of Foreign Affairs and International Cooperation of Guyana, Hugh Todd; Permanent Secretary of Ministry of Foreign Affairs and International Cooperation, Ambassador Elizabeth Harper; Director General of the Guyana Civil Aviation Authority, Lt. Col. (ret’d) Egbert Field, and other Technical Officials from India and Guyana were also present while the agreement was being signed, reported Guyana’s leading broadcast and online news media, News Room Guyana.

The Agreement encourages the development of international air services between the two nations and a global airline market.

It also addresses important matters Grant of Rights; Designation and Authorization of Airlines; Revocation or Suspension of Operating Authorization, Principles governing the operation of Agreed Services, Application of Laws, User Charges, Customs Duties and Charges, Aviation safety and security, and more, reported News Room Guyana.

As the two countries signed the air services agreement, new investment opportunities for Guyanese-owned airlines to have direct market access to international airports in India and vice versa will be now accessible.

Jaishankar arrived on Friday for a three-day visit to Guyana. The EAM was received by Guyana’s Foreign Minister Hugh Todd in the Guyanese capital of Georgetown.

Next, Jaishankar is scheduled to visit Panama next from April 24-25. He will be calling on top leadership and would be hosted by Foreign Minister Janaina Tewaney Mencomo. After that Jaishankar will head to Colombia from April 25-27 where he is scheduled to meet with several top representatives of the government, business and civil society. During the visit, he will meet with Colombian Foreign Minister Alvaro Leyva Duran and review bilateral ties.

Energy, defence cooperation discussed

External Affairs Minister S Jaishankar called on Guyana’s Prime Minister Mark Phillips and discussed energy, disaster resilience, and defence cooperation.

Taking to Twitter on Sunday, Jaishankar said, “Glad to call on Prime Minister Mark Phillips of Guyana. Discussed energy, disaster resilience and preparedness and defence cooperation. India will partner with Guyana in its developmental journey.” Earlier, Jaishankar co-chaired the 5th India-Guyana Joint Commission Meeting with his Guyana counterpart Hugh Todd and held “comprehensive discussions” related to agriculture, energy, health and pharmaceuticals and defence cooperation.

“Co-chaired the 5th India-Guyana Joint Commission Meeting with Foreign Minister Hugh Todd this afternoon. Comprehensive discussions in agriculture; energy; health & pharmaceuticals; ayurveda and wellness; defence cooperation; human resources; tech & innovation and infra development,” EAM Jaishankar tweeted.

“Witnessed exchange of agreements in Migration and Mobility and Air Connectivity. Encouraged our officials to continue the close contacts and facilitate stronger business-to-business ties,” Jaishankar wrote further on Twitter.

On Saturday, Jaishankar called on Guyana President Irfaan Ali.

“Delighted to call on Guyanese President Irfaan Ali and VP Bharrat Jagdeo at the State House. Conveyed the personal greetings and warm regards of PM @narendramodi. Their recent visits to India have provided new momentum for our ties,” the EAM tweeted.

He also said it is very natural to discuss cricket on a visit to Guyana, as he called the nation, the land of Rohan Kanhai and Lance Gibbs.

Moreover, Jaishankar during his Guyana visit also celebrated Earth Day and planted a tree.

“Celebrated Earth Day in Georgetown by planting a Simarupa tree in this beautiful country. May this sapling grow and prosper reflecting the strength and vitality of the India-Guyana relationship,” the minister wrote on Twitter.

Jaishankar also met his counterpart from Saint Lucia, Alva Baptiste in Guyana and said he appreciated his insights at the India-CARICOM ministerial held in Guyana on Friday.

The External Affairs Minister Jaishankar is on a four-nation Central and Latin America visit which began on April 21.

Following his visit to Guyana, Jaishankar will visit Panama tomorrow for two day-visit from April 24-25. He will be calling on top leadership and would be hosted by Foreign Minister Janaina Tewaney Mencomo. During this visit, the India-SICA Foreign Ministerial Meeting will also be convened wherein he would meet representatives of the eight-country Central American Integration System (SICA).

After his Panama visit, the EAM will leave for Colombia and the Dominican Republic. (ANI)

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India, Guyana to boost cooperation in oil & gas

During the visit, Secretary (East) Saurabh Kumar participated in the 4th India-Guyana Foreign Office consultations…reports Asian Lite News

Emphasizing the need to strengthen bilateral relations, Guyanese President Mohamed Irfaan Ali has talked about the need for closer cooperation with India in sectors like oil & gas, infrastructure, and defence.

The matter was discussed when Secretary (East) Ministry of External Affairs (MEA) Saurabh Kumar called on President Ali in Georgetown on Monday ( November 28).

The President was accompanied by Vice President Bharrat Jagdeo, Minister of Foreign Affairs & International Cooperation Hugh Todd and Minister in the Ministry of Public Works Indar Deodat.

President Ali emphasized the need to strengthen bilateral relations and highlighted that Guyana is poised for rapid growth and development, the MEA said on Tuesday.

“The two sides discussed cooperation in a wide range of areas including oil and gas, infrastructure projects, defence cooperation, capacity building and Guyana’s requirement of skilled manpower,” the MEA added.

During the meeting, Secretary (East) informed President Ali about the arrangements related to the 17th Pravasi Bharatiya Divas in which the latter would participate as the Chief Guest at the invitation of Prime Minister Narendra Modi.

During the visit, Secretary (East) Saurabh Kumar participated in the 4th India-Guyana Foreign Office consultations. the Guyanese side was led by Director, Multilateral Affairs Department, Ministry of Foreign Affairs & International Cooperation of the Cooperative Republic of Guyana George Talbot.

According to the MEA, the institutional interaction provided an opportunity to comprehensively review bilateral relations, including in areas such as political, trade and economic, oil and gas, food security, agriculture, health and pharmaceuticals, ICT, education and S&T, development partnership, climate change and culture.

The two sides also exchanged views on regional and international issues of mutual interest, and cooperation in multilateral bodies including CARICOM.

Additionally, the Secretary (East) met CARICOM’s Deputy Secretary General Armstrong Alexis at the organization’s headquarters in Georgetown. The two sides welcomed the recent momentum in India-CARICOM relations and agreed to work towards further strengthening it, the MEA said.

They agreed to hold the next round of consultations at a mutually convenient date in New Delhi. (India News Network)

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