PTI
India, the world’s third-biggest energy consumer, is closely monitoring the evolving energy situation amid geopolitical crises and is hopeful of navigating, Oil Minister Hardeep Singh Puri said on Wednesday.
India, which is more than 85 per cent dependent on imports to meet its oil needs, is diversifying its supply sources and is investing in alternate energy sources such as biogas and biofuels as well as in energy transition.
“There is some concern today because of the geopolitical uncertainty, you know, supply chains could get affected,” he said. “All those who are involved in this will realize what is at stake… hopefully ensure that the situation is not exacerbated.
