India's oil demand to reach 38 million barrels by 2045: Modi
🇮🇳🛢Indian Prime Minister Narendra Modi noted that the country is the world's third-largest energy, oil and liquified petroleum gas (LPG) consumer today.
India achieved 100 percent electricity coverage by connecting millions of houses. "India is not just meeting its needs but is also determining the global direction," Modi said on Tuesday while speaking at the inaugural session of India Energy Week (IEW), where he announced an investment of $67 billion in the energy sector over the next five years.
India, the world's third-biggest oil importer, is dependent on crude oil from various sources in the global market to meet its domestic demand.
🇷🇺 Russia became India's leading supplier of oil last year as the share of imports from Russia increased to about two-fifths in the first half of the fiscal year 2023–2024, according to industry data.
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🇮🇳🛢Indian Prime Minister Narendra Modi noted that the country is the world's third-largest energy, oil and liquified petroleum gas (LPG) consumer today.
India achieved 100 percent electricity coverage by connecting millions of houses. "India is not just meeting its needs but is also determining the global direction," Modi said on Tuesday while speaking at the inaugural session of India Energy Week (IEW), where he announced an investment of $67 billion in the energy sector over the next five years.
India, the world's third-biggest oil importer, is dependent on crude oil from various sources in the global market to meet its domestic demand.
🇷🇺 Russia became India's leading supplier of oil last year as the share of imports from Russia increased to about two-fifths in the first half of the fiscal year 2023–2024, according to industry data.
Subscribe to @sputniknewsindia