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India's Energy Security: Challenges, Readiness Amid Growing Demand
India imports over 85% of its crude oil from a diversified group of oil-producing countries.
18 Aug 2024, 10:20 AM IST
Despite the government push for green and clean fuel, the dependence on fossil fuel will continue over the coming two decades. As is evident, India imports more than 85% of its crude oil requirements and is the second-largest importer of liquefied natural gas in the world, importing over 50% of its natural gas needs.In contrast, India is a net exporter of refined petroleum products globally. According to estimates by world energy age...
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