On 9 July 2026, India and Australia issued a Joint Statement on Energy Security, reaffirming their status as Comprehensive Strategic Partners who share a vision of a free, open and prosperous Indo-Pacific. Both countries expressed concern over the situation in West Asia and the long-term impact of disruptions to supply chains and prices of energy, resources and other critical commodities, reaffirming their commitment to open markets and rules-based trade.

The statement recognised Australia as an important supplier of liquefied natural gas (LNG) to India, and India as an important supplier of liquid fuels and downstream products to Australia. The two sides agreed to advance bilateral energy trade and investment through the Economic Cooperation and Trade Agreement (ECTA) and to continue working towards a Comprehensive Economic Cooperation Agreement (CECA).

In a significant step, India and Australia finalised the administrative arrangements needed to enable the export of Australian uranium to India, strictly for peaceful purposes and under International Atomic Energy Agency (IAEA) safeguards. Australia also noted India's Global Biofuels Alliance (GBA) initiative, with both countries committing to accelerate the energy transition and strengthen cooperation on low-carbon fuels.

The two countries further committed to maintaining a stable, secure and reliable supply of energy products, including coal, diesel, other liquid fuels and natural gas, while recognising that growing electrification of their respective energy systems will be a valuable source of energy security in the future.