{"id":297544,"date":"2019-10-22T12:40:58","date_gmt":"2019-10-22T07:10:58","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=297544"},"modified":"2019-10-22T12:40:58","modified_gmt":"2019-10-22T07:10:58","slug":"indias-oil-gas-purchase-from-us-seen-rising-42-to-10-billion-in-2019-20","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/indias-oil-gas-purchase-from-us-seen-rising-42-to-10-billion-in-2019-20\/","title":{"rendered":"India\u2019s oil, gas purchase from US seen rising 42% to $10 billion in 2019-20"},"content":{"rendered":"<p>NEW DELHI: India&#8217;s energy trade with the US is expected rise by more than 42% to $10 billion in the current financial year as the world&#8217;s third-largest oil consumer expands non-OPEC energy sources to de-risk oil supplies from the instability of West Asian geopolitics.<br \/>\n\u201cIn 2018-19, (India\u2019s) total import of crude oil, LNG (liquefied natural gas) and coking coal stood at $7.2 billion. In the current fiscal, this may go up to $10 billion&#8230; mounting geopolitical uncertainties, rising US production and India&#8217;s appetite for energy has created both the need and opportunity for the two countries to lift bilateral energy ties to a new level,\u201d oil minister Dharmendra Pradhan said at the US-India Strategic Partnership Forum&#8217;s annual leadership summit.<br \/>\nThe US had signed a strategic energy partnership agreement with India in 2016 envisaging supporting each other\u2019s energy sectors and securing a major market for its LNG.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI: India&#8217;s energy trade with the US is expected rise by more than 42% to $10 billion in the current financial year as the world&#8217;s third-largest oil consumer expands non-OPEC energy sources to de-risk oil supplies from the instability of West Asian geopolitics. \u201cIn 2018-19, (India\u2019s) total import of crude oil, LNG (liquefied natural gas) and coking coal stood at $7.2 billion. In the current fiscal, this may go up to $10 billion&#8230; mounting geopolitical uncertainties, rising US production and India&#8217;s appetite for energy has created both the need and opportunity for the two countries to lift bilateral energy [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,219,137],"tags":[],"class_list":["post-297544","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-times-of-india","category-the-times-of-india"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/297544","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=297544"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/297544\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=297544"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=297544"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=297544"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}