Monday, Oct 25, 2021 | Last Update : 06:15 PM IST

  Business   In Other News  26 Apr 2018  Govt will network with major oil buyers to negotiate with sellers

Govt will network with major oil buyers to negotiate with sellers

REUTERS
Published : Apr 26, 2018, 2:28 pm IST
Updated : Apr 26, 2018, 2:28 pm IST

India will work to create a network with other major oil buyers in Asia, such as China, South Korea and Japan.

India will work to create a network with other major oil buyers in Asia, such as China, South Korea and Japan, to negotiate better terms with sellers, the country’s Oil Minister Dharmendra Pradhan said in New Delhi on Thursday.
 India will work to create a network with other major oil buyers in Asia, such as China, South Korea and Japan, to negotiate better terms with sellers, the country’s Oil Minister Dharmendra Pradhan said in New Delhi on Thursday.

New Delhi: India will work to create a network with other major oil buyers in Asia, such as China, South Korea and Japan, to negotiate better terms with sellers, the country’s Oil Minister Dharmendra Pradhan said in New Delhi on Thursday.

“I see bigger co-operation between four bigger economies of Asia... India will try to create a network between these four economies,” he said.

 

“All the four major Asian economies should come together. And India will try to create a network for that within the four countries,” he said, referring to a need to have a greater say in importing crude oil from OPEC nations.

Tags: dharmendra pradhan, oil minister, economies, opec
Location: India, Delhi, New Delhi