New Delhi: Because the price of fuel rises to a high record, India’s new Petroleum minister Hardeep Singh Puri has begun to play countries that produce oil to impress them because of the need to make affordable prices for consumers.
Puri, who was called Qatar’s energy minister, on Wednesday turned his colleague in the UAE, Sultan Ahmed Al Jaber.
“Delivering my desire to work with UAE and other friendly countries to bring peace, predictability, and realism among other suppliers on the energy market to make it more affordable for consumers,” Puri Tweeted.
Rebound in international oil prices from the lowest position in May at the back of the recovery request has sent gasoline and diesel rates to a record high in India.
Gasoline has passed the RS-100-a-liter sign in more than one half a dozen states and the United States, while diesel sold in more than Rs 100 per liter in Rajasthan and Odisha.
“Having a warm call with HE Dr.
Sultan Ahmed Al Jaber, the UAE industry and advanced technology and MD & CEO of MD & Groups from @Adnocgroup.
Discuss the way and the means to refresh the dynamic bilateral strategic energy partnerships between India and UAE,” said.
India, which imports 85 percent of its oil needs, has long pressed the KTEC manufacturer and its allies, called OPEC +, to remove the cutting production and allow oil prices to a reasonable level.
The third largest importer in the world has many times called OPEC for oil prices at a reasonable level that supports growth and stops supporting the price with its output cut.
UAE is OPEC member but has fallen with a production quota grouping at a meeting of alliance earlier this month.
“We agreed to take the involvement of bilateral energy for higher heights and also to diversify to the new field in the context of global energy transitions that developed rapidly,” Puri said in talks with the UAE partner.
OPEC, Russia and several other allys in the production agreement cannot reach an agreement earlier this month to the output quota for August and may be outside.
The hope is that the Alliance can agree to increase production by 500,000 to 700,000 barrels per day but decisions are postponed because the UAE is different at the beginning of the increase in the output.
Puri, who took control of the Ministry of Petroleum on July 8, on Saturday was called the State Minister of Qatar for energy affairs Saad Sherida Al Kaabi to discuss further ways to strengthen the hydrocarbon sector in the hydrocarbon sector.
“Discussing ways to strengthen reciprocal cooperation between our two countries in the hydrocarbon sector during a hot call with the State Minister of Qatar for the energy affairs who are also president & CEO of @QatarPetroleum he Saad Sherida Al-Kaabi,” Puri has tweeted on July 10 10.
Puri, a former diplomat, is widely expected to facilitate tensions that flare with oil-producing countries in general and Saudi Arabia in particular.
In March, the predecessor of Puri Dharmendra Pradhan and Saudi Arabian Minister Prince Abdulaziz bin Salman had an unpleasant exchange of oil prices.
The Saudi Arab minister responded to Pradhan’s repeat request at a reasonable price, by saying India must take advantage of its crude oil reserves purchased by cheap by 2020 during the market accident.
A few days later, Pradhan called a statement of a “undiplomatic response from a friendly country”.
Since then, the Petroleum Ministry has requested refineries to see sources outside the Middle East to buy oil.
India is the third largest raw consumer in the world and OPEC countries such as Saudi Arabia traditionally become the main source of oil.
But OPEC and OPEC + ignore their calls to relieve the sidewalk supply, have led India to knock more new sources to diversify crude oil imports.
As a result, the OPEC section in Indian oil imports has dropped to around 60 percent in May from 74 percent in the previous month.
Both parties have a rather patched relationship, with Saudi Arabia and UAA supplying critical drugs, oxygen and equipment to help India fight with the second wave of Koronavirus infection.
Oil Minister Hardeep Puri Dials UAE for Affordable Oil Prices
