{"id":629331,"date":"2024-01-18T10:12:28","date_gmt":"2024-01-18T04:42:28","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=629331"},"modified":"2024-01-19T12:42:05","modified_gmt":"2024-01-19T07:12:05","slug":"india-to-keep-diversifying-oil-supply-accelerate-energy-transition-oil-minister-hardeep-singh-puri","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/india-to-keep-diversifying-oil-supply-accelerate-energy-transition-oil-minister-hardeep-singh-puri\/","title":{"rendered":"India to keep diversifying oil supply, accelerate energy transition: Oil Minister Hardeep Singh Puri"},"content":{"rendered":"<p>Davos, Switzerland: Supply cuts by OPEC+, costly shipments from some traditional Middle East suppliers and geopolitical tension is driving India, the world&#8217;s third biggest oil importer, to diversify its crude sources and accelerate its energy transition, its Oil Minister Hardeep Singh Puri said.<\/p>\n<p>&#8220;Whenever there is vulnerability and uncertainty in the market, the transition gets accelerated. No-one is looking at that&#8221;, Puri told Reuters in an interview at this week&#8217;s World Economic Forum in the Swiss ski resort of Davos, referring to attacks by the Houthis on ships in the Red Sea.<\/p>\n<p>Puri said that while OPEC+ nations have a right to decide on their energy production, supply cuts against such uncertainty, and the resulting adverse impact on global prices, will dent long term demand.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Davos, Switzerland: Supply cuts by OPEC+, costly shipments from some traditional Middle East suppliers and geopolitical tension is driving India, the world&#8217;s third biggest oil importer, to diversify its crude sources and accelerate its energy transition, its Oil Minister Hardeep Singh Puri said. &#8220;Whenever there is vulnerability and uncertainty in the market, the transition gets accelerated. No-one is looking at that&#8221;, Puri told Reuters in an interview at this week&#8217;s World Economic Forum in the Swiss ski resort of Davos, referring to attacks by the Houthis on ships in the Red Sea. Puri said that while OPEC+ nations have a [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[146,130,177],"tags":[],"class_list":["post-629331","post","type-post","status-publish","format-standard","hentry","category-deccan-herald-newspapers","category-newspapers","category-oil-gas-deccan-herald-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/629331","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\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=629331"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/629331\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=629331"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=629331"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=629331"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}