New Delhi, March 4 -- India has been talking to Guyana, Suriname and Namibia regarding oil cooperation, informed Union Petroleum Minister Hardeep Singh Puri on Monday while asserting that there is no shortage of crude oil globally.

His statement comes as the Organization of the Petroleum Exporting Countries and its allies (OPEC+) are extending their voluntary oil output cuts of 2.2 million barrels per day (bpd) into the second quarter.

Responding to the development, Puri said: "Whatever decision Opec+ takes it is their sovereign decision... I speak with confidence as a representative of a country that we will navigate through this. If you sell, we will buy. If you don't we will buy from someone other."

"There is no shortage of crude oi...