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India to account for half of global oil demand growth over next decade: Rosneft CEO
Rosneft CEO Igor Sechin stated India will drive nearly half of global oil demand growth over the next decade, projecting consumption to reach eight million barrels per day by 2035. He highlighted Russian oil supplies' economic benefits to India and China, exceeding $40 billion since April 2022, and warned of food price hikes due to potential Strait of Hormuz disruptions.
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China and India gain $40 bln in benefits from Russian oil supplies since April 2022
According to Executive Secretary of the presidential commission on fuel and energy sector development strategy and environmental security and Rosneft CEO Igor Sechin, Russia…
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India to account for about half of global oil demand growth over next 10 years — Sechin
According to estimates by the International Energy Agency, oil consumption in India will reach nearly 8 mln barrels per day by 2035
