India Oil Import: Petroleum Minister Hardeep Singh Puri addressed the India Energy Week conference on Monday. During this, a big talk has been said about India’s oil import. Petroleum and Natural Gas Minister Hardeep Singh Puri said that India is the world’s third largest energy consumer and will buy oil from wherever it can get reliable and affordable prices.
< h3 style="text-align: justify;">Wherever we get oil at the right price, we will buy it- Hardeep Singh Puri
Hardeep Singh Puri said during the India Energy Week conference that India will use its large market in the matter of oil purchase. He said, ‘To put it plainly, we will use the Market Card. Wherever oil is available to us at reliable and reasonable prices, we will import from there.’
Russia becomes India’s largest oil supplier
For information, let us tell you that India had bought oil from Russia at a cheaper price last year, bypassing the pressure of western countries. Now Russia has become India’s largest oil supplier country. After attacking Ukraine in February last year, Western countries had imposed various economic sanctions on Russia. These include a ban on the purchase of petroleum products from Russia. Due to this the prices of Russian oil decreased.
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Is petrol-diesel going to be cheaper in the country soon
Now when the country is buying petrol and diesel at cheap prices, it has raised hopes that soon the prices of petrol and diesel may become cheaper here. In such a situation, this statement of Hardeep Singh Puri is very important. The citizens of India have been waiting for a long time for the prices of petrol and diesel to be cheap and now this statement of the Petroleum Minister is indicating the end of this wait, it can be said.
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