Currently, crude oil accounted for 80% of total imports, and annual oil demand in India is forecast

This is planned to be announced in the speech of the Indian Prime Minister Modi at a summit on energy held in the capital New Delhi. Modi said the country пщщ has to import about 77% of fuel including coal, gas and oil. He said it was hoped to reduce fuel imports down 10%, and the rate of growth of about 10% in 2022, on the occasion of India celebrate 75 years of independence.
Currently, crude oil accounted for 80% of total imports, and annual oil demand in India is forecast to rise 3.3% in the next fiscal year, to meet the production needs of the local plant and the growth of the economy has increased the consumption of petroleum industry. According to the Organization Analysis and Planning Petroleum, India is predicted to consume about 166 million tons of oil in the coming year, an increase of about 5 million tonnes compared with this year. (Song Chau) 2015-03-28
April 15, 2015
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