New Delhi, Oct 7
India is determined to enhance self-reliance in the exploration and production of all forms of energy, Union Petroleum and Natural Gas Minister Hardeep Singh Puri said on Tuesday.
The minister, at an event here, stressed how oil and natural gas have been the bedrock of India’s industrial growth and modernisation, giving 1.42 billion Indians access to modern energy services.
India is now the world’s third-largest energy consumer, the third-largest consumer of oil, the third-largest LPG consumer, the fourth-largest LNG importer, the fourth-largest refiner, and the fourth-largest automobile market in the world, the minister said.
"As we move forward, it must be recognised that the choices we make will determine not just India’s future, but the stability of the global energy system," he added.