India moving beyond oil as seeks alternatives to OPEC

India moving beyond oil as seeks alternatives to OPEC

OPEC production cuts and the prospect of more expensive oil are pushing India to consider U.S. and Canadian suppliers, as well as encouraging it to turn to renewable energy, the country’s petroleum and natural gas minister said on Monday.

Dharmendra Pradhan made the comments in Vienna ahead of OPEC’s meeting this Thursday when members will decide whether to extend production cuts to ease the global oil glut that has grown in tandem with rising North American output. Read More…

 

 

Credit By: ET Energy World

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