Country’s Oil Demand to Rise 3.21% in 2019
New Delhi, 20 Nov 2019: As per Monthly Oil Market Report published by OPEC in September, 2019, country's oil demand will rise by 3.21 per cent to 4.88 million barrels per day (mb/d) in 2019 from 4.73 mb/d during the previous year. As per Monthly Oil Market Report published by OPEC in September, 2019, India's oil demand will further rise to 5.05 mb/d by 2020 (3.36% year on year), outpacing China's oil demand growth (2.37%).
The oil conservation measures to be taken at the end-users level, inter-alia, includes:
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Reducing energy consumption through introduction of standard and labeling program for equipments using petro-based fuels such as Domestic LPG Stoves, Diesel Irrigation Pump Sets & Diesel Generator Sets.
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Training of drivers and organization of transport workshops
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Sensitizing farmers on petroleum conservation through KisanMelas, agriculture workshops etc.
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Carrying out energy audits
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Educating housewives on efficient use of domestic LPG
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Mass awareness activities through Saksham Campaigns, Social Media campaigns, campaigns on TV, Radio & Newspapers, literature, Exhibitions etc.
This Information was given by the Union Minister for Petroleum and Natural Gas Dharmendra Pradhan in the Rajya Sabha today. - Window To News