India will account for about half of global oil demand growth and 15% of increase in global electricity consumption over next decade, making it one of the world’s most important energy markets, Igor Sechin, chief executive of Russian oil producer Rosneft, said. Sechin said India’s oil consumption is expected to rise 44% to nearly 8 million barrels per day by 2035.

According to estimates by the International Energy Agency, oil consumption in India will reach nearly 8 mln barrels per day by 2035

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…

India's energy demand surge will significantly impact global markets, accounting for half of oil demand growth and 15% of electricity increase.

India is set to drive nearly half of global oil demand growth by 2035, with consumption projected to reach eight million barrels per day, according to Rosneft CEO Igor Sechin.

India will account for about half of global oil demand growth and 15% of increase in global electricity consumption over next decade, making it one of the world’s most important…