India, Japan strengthen energy resilience, supply cooperation

India and Japan have signalled closer cooperation on energy resilience, with the two governments identifying stockpiling, energy supplies, oil and gas transport, institutional collaboration and dialogue as priority areas, according to the Prime Minister’s Office (PMO) of India.The cooperation will cover knowledge-sharing and, where appropriate, concrete work on stockpiling systems and reserve mechanisms for crude oil and petroleum products. The areas listed include national stockpiling systems and reserves, industry stockpiles, arrangements with producing countries, emergency response and market stabilisation, the PMO said in a press release.

India and Japan plan closer cooperation on energy resilience after their prime ministers met in New Delhi on July 2, 2026.
The agenda covers crude oil and petroleum product stockpiling, market information-sharing, third-country energy supplies and maritime oil and gas transport.
Textile and apparel supply-chain teams should track talks under the bilateral petroleum and gas working group.

Indian PM Narendra Modi and Japanese PM Takaichi Sanae met in New Delhi yesterday, and expressed a shared intention to work together as responsible powers and major energy-consuming countries in Asia in light of the current geopolitical situation. The Ministry of Petroleum and Natural Gas of India and Japan’s Ministry of Economy, Trade and Industry will cooperate on concrete initiatives.

The two sides also plan cooperation on market trend information-sharing, joint efforts for market stabilisation, possible engagement for energy supplies from third countries, and commercial engagement for upstream investment in third countries. They also agreed on the importance of resilient, self-reliant and efficient maritime transport of oil and gas, and will explore collaboration, including joint investments, across the maritime energy transport value chain.

The statement identified Indian National Oil Companies, Indian Strategic Petroleum Reserves Limited, Japan Organization for Metals and Energy Security, Japan Bank for International Cooperation and other stakeholders for institutional cooperation. Further discussions will take place under the India-Japan Joint Working Group on Petroleum and Natural Gas, under the India-Japan Energy Dialogue, to share updated knowledge and explore mutually beneficial cooperation.

For textile and apparel manufacturers, exporters, importers and sourcing teams, the statement flags policy attention on energy availability, affordability and transport resilience.

Fibre2Fashion News Desk