The first shipment of crude oil from the US has arrived in India.
The shipment is a product of the US government’s decision to export its energy resources for economic gain and to aid development – and the Indian government’s desire to expand its energy sector.
The shipment landed in Odisha and was received by Minister for Petroleum and Natural Gas Dharmendra Pradhan.
This shipment follows a successful state visit from Prime Minister Modi to the US. Speaking at the time US energy secretary Rick Perry said: “I am proud of the collaborative work between the United States and India that will increase jobs, economic stability, and national security in both countries.
“This event represents the growing energy partnership between the U.S. and India, and I look forward to exploring new opportunities to expand the role of reliable, responsible, and efficient energy sources with our allies.”
As well as supporting trade the US is also set to use its position on the World Bank to promote the use of fossil fuels in developing countries.