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India to be key driver of global oil demand in coming decades – oil minister – Reuters India

By Reuters Staff
FILE PHOTO: India’s Oil Minister Dharmendra Pradhan speaks at a road show organised by the Directorate General of Hydrocarbon (DGH) in Mumbai, India, October 26, 2017. REUTERS/Shailesh Andrade
NEW DELHI (Reuters) – Indias fuel demand has almost recovered to pre-COVID-19 levels and the nation will experience the fastest growth in energy consumption among all large economies in the coming decades, oil minister Dharmendra Pradhan said on Monday.
In October local sales of gasoline, gasoil and cooking gas in India, the worlds third biggest oil consumer and importer, rose from year-ago levels, Pradhan said oil conference ADIPEC.
He said Indias share of global energy consumption was set to rise from the current 7% to 12% by 2050.read more

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