Recent OAPEC Study: Energy Balance in India: Current Situation and Future Trends and their Implications for OAPEC Member Countries

摘要

OAPEC Secretariat General has recently released a study titled 'Energy Balance in India: Current Situation and Future Trends and their Implications for OAPEC Member Countries'. The study points out to the fact that India is one of the main consumers of energy in the world. By the end of the first decade of the 21st century, India replaced Japan as the fourth biggest energy consumer in the world following China, USA, and Russia. India's share of the total world's primary energy consumption has doubled from 2.2% in 1990 to 4.9% in 2014. India's relative importance is expected to grow in the coming years for two main reasons: the expected increase in population and the projected growth of the Indian economy.