Inevitable shift in global energy consumption to Asia is a reality’: Dharmendra Pradhan


Inevitable shift in global energy consumption to Asia is a reality’: Dharmendra Pradhan

Petroleum minister Dharmendra Pradhan on Tuesday told oil producers that the “inevitable shift” in global energy consumption to Asia is a reality and both energy importers and exporters should ensure that this change is rooted in “energy justice”.

Addressing the opening session of the 8th Asian Ministerial Energy Roundtable in Abu Dhabi on Tuesday, Dharmendra Pradhan said the “Emerging Asia” will be driving the world economic growth in the coming 20 years.

In the global context, developing economies will drive 80% of the incremental global growth, with India and China accounting for more than half of it, an oil ministry statement said quoting him.

“Energy access, higher standard of living and improved prosperity in developing countries will primarily drive the energy demand. It is important for the low income Read more

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