In a telephonic conversation with OPEC Secretary General, H.E. Mr.Haitham Al-Ghais, Minister of Petroleum and Natural Gas, Shri Hardeep Singh Puri emphasized the importance of balancing market stability, affordability, with pragmatism.\u00a0 Shri Puri had an extended telephone conversation lasting 30 minutes with OPEC Secretary General today i.e. on 19 April, 2024. The discussion inter-alia, covered recent trends and volatility in the global oil markets and their implications for international energy stability.<\/p>\n
As one of the world\u2019s fastest-growing economies, India is committed to supporting efforts to achieve balance in global energy markets, said Shri Hardeep Singh Puri during the conversation.<\/p>\n
India and OPEC have a longstanding partnership. India is the second largest export destination for OPEC.<\/p>\n
During Financial Year 2022-23, India imported crude oil, LPG, LNG, and petroleum products from OPEC countries, amounting to approximately US$ 120 billion.<\/p>\n","protected":false},"excerpt":{"rendered":"
In a telephonic conversation with OPEC Secretary General, H.E. Mr.Haitham Al-Ghais, Minister of Petroleum and Natural Gas, Shri Hardeep Singh Puri emphasized the importance of balancing market stability, affordability, with pragmatism.\u00a0 Shri Puri had an extended telephone conversation lasting 30 minutes with OPEC Secretary General today i.e. on 19 April, 2024. The discussion inter-alia, covered …<\/p>\n","protected":false},"author":1,"featured_media":4292,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[136],"tags":[1888,1884,1889,1885,1883,1886,1887],"class_list":["post-4291","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-national","tag-global","tag-hardeep-s-puri","tag-oil-market","tag-opec","tag-petroleum-minister","tag-recent-trend","tag-volatility"],"yoast_head":"\n