He was addressing a joint news conference with the U.S. Secretary of State Antony Blinken.
Jaishankar stated, when asked about India's oil purchase from Russia:
- I noticed you refer to oil purchases, if you are looking at energy purchases from Russia, I would suggest that your attention should be focused on Europe
- We do buy some energy, which is necessary for our energy security, but I suspect looking at the figures, probably our total purchases for the month would be less than what Europe does in an afternoon
- And briefly, what those positions state is that we are against the conflict
- We are for dialogue and diplomacy, we are for urgent cessation of violence, and we are prepared to contribute in whatever way to these objectives
Jaishankar told reporters that now there is an expanding India-US energy relationship that didn't exist some years ago.
- The United States is the 2nd-largest LNG supplier to India and the 4th or 5th-largest crude oil supplier
- A big partner in the renewables side
- The most effective way to satisfy this growth... is of course to honour the climate goals, the ambitious climate goals that India has set, including particularly the expansion of renewables
- There's a longstanding strategic clean energy partnership that is co-led by the Department of Energy, the Ministry of Petroleum & Natural Gas in India
- That is deepening cooperation on energy efficiency and next-generation fuels
- We've got a working group on climate that's partnering on green shipping corridors and on green technology
- Our Development Finance Corporation just announced a $500 million loan to 1st Solar, which will produce solar panel modules in Southern India, furthering climate goals, diversifying the solar supply chain
- We are working both to deal with the impact of the Russian aggression on energy, but much more broadly with this combination of helping India meet its energy needs while advancing together the vital climate agenda that we share