India’s economic growth and the case for diverse energy supplies

ANI quotes Indian Ambassador to the U.S. Vinay Mohan Kwatra calling India the world’s fastest-growing major economy and third-largest energy consumer. He says India imports over 85% of its crude oil and around half its natural gas, sourcing from partners across the Middle East, Africa, Latin America, Eurasia and the United States. Kwatra says those choices reflect availability, affordability, market conditions and commercial viability. He also says India’s actions during recent conflicts protected its people from price shocks and helped steady global energy markets.