NEW DELHI: Union minister for oil, petroleum and natural gas Dharmendra Pradhan on Friday termed Saudi Arabia’s response on India’s strategic oil reserves as ‘undiplomatic’ and said that India is conscious about its interest.
\n“That was in a way (an) undiplomatic answer by some of our old friend. I politely disagree with that kind of approach. Certainly India has its own strategy, when and how to use our own storage, and we are conscious about our interests,” Pradhan said while speaking at the Times Network India Economic Conclave.
\nPradhan said that India, being a major consumer country, will always keep its interest in mind while taking strategic and economic decisions.
\nOn India’s dependence, the minister emphasised that India is free to buy oil from whosoever serves our requirement.
\n“We are an open, free market. Our oil marketing companies and private sector oil majors are free to take oil from any part of the world, whichever country will provide favourable business terms, whether it is America, or Iraq or UAE or Saudi Arabia. India’s common interest is paramount in decision,” he added.<\/p>\n","protected":false},"excerpt":{"rendered":"
NEW DELHI: Union minister for oil, petroleum and natural gas Dharmendra Pradhan on Friday termed Saudi Arabia’s response on India’s strategic oil reserves as ‘undiplomatic’ and said that India is conscious about its interest. “That was in a way (an) undiplomatic answer by some of our old friend. I politely disagree with that kind of approach. Certainly India has its own strategy, when and how to use our own storage, and we are conscious about our interests,” Pradhan said while speaking at the Times Network India Economic Conclave. Pradhan said that India, being a major consumer country, will always keep […]<\/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-407526","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\/407526","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=407526"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/407526\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=407526"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=407526"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=407526"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}