Washington : US President Donald Trump stated that the United States is the world’s largest energy producer, emphasizing that the country is becoming a “massive energy exporter.”
Trump stated at the Champion of Coal Event
Trump stated at the Champion of Coal Event on Wednesday that recent trade agreements with various nations, including Japan, South Korea, and India, have resulted in a significant rise in U.S. coal shipments.
Trump stated that the quality of American coal is “supposed to be the finest anywhere in the world.”
He stated, “America is currently the world’s largest energy producer. We’re rapidly expanding our energy exports. We’ve negotiated historic trade arrangements with Japan, Korea, India, and others in recent months, resulting in a significant increase in our coal shipments. Our coal is claimed to be of the highest quality in the world.”
The statement came as Foreign Secretary Vikram Misri stated on February 9 that “national interest” would continue to guide India’s energy-related decisions, emphasizing that the key drivers of the country’s energy policy are “adequate availability, fair pricing, and reliability of supply,” amid reports that New Delhi is reducing its oil imports from Russia.
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During a Special Briefing by the Ministry of External Affairs (MEA), Misri stressed that choices in the energy sector, whether made by the government or enterprises, will be driven by national interests, while explaining the subject of sourcing.
Misri highlighted that oil companies base their procurement decisions on market factors such as availability, risk assessment, costs, and logistics, all while adhering to internal accountability and fiduciary responsibility.
“Oil companies are in charge of sourcing energy, and their decisions are based on market conditions.” They analyze availability, evaluate risks, calculate expenses, and adhere to internal accountability procedures and fiduciary responsibilities. He noted that organizations must examine a variety of factors, including financial and logistical concerns, at all times.These factors will continue to influence company decisions in this area. “Whether it is the government or businesses, national interests will continue to guide our decisions,” he continued.
Misri pointed out that India is a net importer of oil and gas and, as a rising country, must be mindful of resource availability and the impact of import dependence on inflation.
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