Hardeep Singh Puri takes charge as Minister of Petroleum and Natural Gas
He asserted that India is perhaps the only country in the world where fuel prices have come down over a two- and half-year reference period.
He asserted that India is perhaps the only country in the world where fuel prices have come down over a two- and half-year reference period.
Puri said many important oil-producing countries are showing worrying signs, and availability and affordability of oil needs to be looked at.
“As far as the energy sector is concerned, the place where the action is taking place is in many respects the centre of global energy. We will watch very carefully," the Minister told reporters on the sidelines of the 26th Energy Technology Meet here.
Reacting to Pradhan's proposal, Odisha Finance Minister Sashi Bhusan Behera said the Centre should first reduce tax on the oil price.
"We will confine ourselves to the Cabinet decisions only," Pradhan told IANS when asked if a relief was in the offing from soaring oil prices.
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