India Energy Week 2027 to focus on energy security amid global oil market volatility | Today’s news
Amid a tightening global oil market due to the war in West Asia, the upcoming India Energy Week 2027 will seek to advance practical solutions to challenges faced by the global oil and gas sector, the Union Ministry of Petroleum and Natural Gas said on Monday.
The fifth edition of the annual energy conclave is scheduled to be held in Kolkata from January 28 to 31, 2027. In a statement, the ministry said IEW 2027 will focus on technologies, innovations and partnerships needed to ensure energy security, affordability and sustainability around the world, especially for countries in the Global South.
“As energy security, affordability, technology, investment and sustainability become increasingly interconnected, IEW 2027 promises to catalyze global efforts to find practical solutions to the challenges shaping the sector,” he said.
The statement comes as the global oil market faces increased volatility and fears of tightening supplies as the war in West Asia continues and the US plans to impose further tariffs on major Russian oil importers, including India.
India’s Energy Resilience
Speaking at the curtain-raising event for the upcoming conclave, Union Petroleum Minister Hardeep Singh Puri said that despite significant pressure on international energy flows, disruptions have not led to shortages for Indian households.
“Despite significant pressures on international energy flows, these disruptions have not translated into shortages reaching Indian households. This resilience has been built over the years through diversified supplies, stronger infrastructure, expanded refinery and pipeline networks, storage and policy reforms,” he said.
Puri said India has roughly 80 days of reserves, including oil held in strategic reserves, pipelines, refineries and in transit.
He said the theme of IEW 2027 will be “Unlocking Innovation, Energy Security and Shaping Tomorrow”, adding that it captures three priorities that will increasingly define the global energy sector.
“Securing energy today means more than just securing supply. It means reliability, affordability, diversified sources of supply, stronger domestic production and resilience across the energy system,” he added.
This is the first time the event will be held in Kolkata. Previous editions were held in Bengaluru, Delhi and Goa.
According to the ministry, the fifth edition is expected to bring together more than 75,000 energy professionals and more than 700 international exhibitors along with decision-makers in the energy sector.
(Rituraj Baruah is in Kolkata on the invitation of the Union Ministry of Petroleum and Natural Gas.)
