According to the recent survey india is at which place in oil and natu...
India's Rank in Oil and Natural Gas Consumption
According to the recent survey, India is currently at the third position in terms of oil and natural gas consumption in the world. The country has been experiencing rapid economic growth in recent years, which has led to an increase in energy demand. Here are some details explaining India's rank in oil and natural gas consumption:
Oil Consumption in India
India is the third-largest consumer of oil in the world, after the United States and China. The country's oil consumption has been growing at an average rate of 5.8% per year since 2000. In 2019, India's oil consumption was around 5 million barrels per day.
Factors Contributing to Oil Consumption in India
The following factors have contributed to the increase in oil consumption in India:
1. Rising population and economic growth
2. Increasing urbanization and motorization
3. Lack of alternative sources of energy
4. Inadequate public transport infrastructure
Natural Gas Consumption in India
India is the fourth-largest consumer of natural gas in the world, after the United States, Russia, and China. The country's natural gas consumption has been growing at an average rate of 4.5% per year since 2000. In 2019, India's natural gas consumption was around 5.3 trillion cubic feet.
Factors Contributing to Natural Gas Consumption in India
The following factors have contributed to the increase in natural gas consumption in India:
1. Growing demand from various sectors such as power, fertilizers, and city gas distribution
2. Increasing availability of natural gas from domestic sources and imports
3. Government policies promoting the use of natural gas as a cleaner fuel
Conclusion
India's rank in oil and natural gas consumption highlights the country's growing energy demand. The government has been taking various measures to reduce dependence on oil and promote the use of cleaner fuels such as natural gas and renewables. However, it is important to balance economic growth with environmental concerns to ensure sustainable development.
According to the recent survey india is at which place in oil and natu...
The correct answer in 4th position
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