India Relaxed About OPEC+ Cutting Oil Output, Minister Says
- Hardeep Singh Puri says there’s ‘enough oil in the world’
- India will be biggest source of demand growth to 2030: IEA
Hardeep Singh Puri
Photographer: Narinder Nanu/AFP/Getty Images
This article is for subscribers only.
India’s oil minister said the country isn’t concerned about OPEC+’s output cuts and Saudi Arabia’s recent decision not to expand production capacity.
“There is enough oil in the world and new suppliers are coming in,” Hardeep Singh Puri said on the sidelines of India Energy Week in Goa. “You decide, you want to sell it or you want to keep it in the ground.”