Dharmendra Pradhan raises cross-subsidisation issue at OPEC meet

Dharmendra Pradhan raises cross-subsidisation issue at OPEC meet

At the recently held energy dialogue of the Organization of the Petroleum Exporting Countries (OPEC) in Vienna, Oil minister Dharmendra Pradhan emphasised that countries such as India should not bear the brunt for subsidies provided to others and urged for a more “responsible pricing”, that would ease supply of energy to the common man.

“Higher prices would force (consuming countries) to go for alternate forms of energy which would be slowing down the demand of crude oil,” Pradhan said during his speech at the dialogue. Read more

Credits:dnaindia.com

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