India Advancing Its Strategic Initiatives To Fulfill Its Energy Security Needs

India Advancing Its Strategic Initiatives To Fulfill Its Energy Security Needs

Summary

India’s rapidly increasing dependence on crude oil imports has made the country’s energy sector vulnerable to external factors. The situation has made it imperative for the domestic government to take some serious steps towards securing steady supplies for future energy needs. In this context, the country is investing on building strategic oil reserves, securing long term oil and gas supplies, investing in oil and gas-rich countries and also promoting its national oil companies to increase their operations internationally. The initiatives strenghten the country’s energy sector, making it less susceptible to international factors.

Scope

• Discusses India's strategic initiatives to fulfill energy security needs.
• Discusses the dependence of India on energy imports.
• Discusses India's plan on building strategic reserves.

Reasons to buy

• Understand the initiatives being taken by India to advance its energy security needs.
• Gain understanding of the plan to build strategic reserves by India.