India seeks more Canadian oil and gas but faces regulatory and infrastructure barriers
By
Emma Graney
13d ago· 5 min readenNews
Summary
India's High Commissioner to Canada, Dinesh Patnaik, stated at the Global Energy Show in Calgary that India wants more Canadian oil and gas to fuel its growing economy, but regulatory hurdles and lack of infrastructure to transport fuels to market are hampering these plans. Half of the world's increased demand for oil is expected to come from India over the next 25 years, presenting a massive opportunity for Canada's oil and gas sector. Patnaik is meeting with Canada's Energy Minister about investing in oil and gas infrastructure.
Source
Key quotes
· 3 pulledIndia wants more Canadian oil and gas, but regulatory hurdles and a lack of infrastructure to transport fuels to market here are hampering the country's ability to get the energy it needs to feed its growing economy
Half of the world's increased demand for oil is expected to come from India
The South Asian country offers a massive opportunity for Canada's oil and gas sector, with energy consumption there set to skyrocket over the next 25 years
India’s High Commissioner said he’s meeting with Canada’s Energy Minister about investing in oil and gas infrastructure
You might also wanna read
Comments
Sign in to join the conversation.
No comments yet. Be the first.