High Oil Prices May Harm Global Energy Transition: Hardeep Puri
NDTV
Petroleum minister Hardeep Singh Puri said he was concerned about high oil prices, and price volatility could harm the world's energy transition
Petroleum minister Hardeep Singh Puri said on Monday he was concerned about high oil prices, and price volatility could harm the world's energy transition.
Mr Puri told Reuters on the sidelines of an oil and gas conference in Abu Dhabi that when "petrol prices are - and diesel prices - are going literally through the roof, obviously, we are concerned".
India has been at the forefront of efforts to urge the Organisation of Petroleum Exporting Countries (OPEC) to ensure "responsible pricing" of oil that suits both producer and consumers.
"Does it have to be affordable? Yes. If energy is not affordable, you're going to have a problem," he said.
