India's oil demand growth to outpace China's growth in 2020
The Union Minister for Petroleum and Natural Gas Dharmendra Pradhan informed the Rajya Sabha that as per Monthly Oil Market Report published by OPEC in September 2019, country's oil demand will rise by 3.21% 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:
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.
. Training of drivers and organization of transport workshops
. Sensitizing farmers on petroleum conservation through KisanMelas, agriculture workshops etc.
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. Carrying out energy audits
. Educating housewives on efficient use of domestic LPG
. Mass awareness activities through Saksham Campaigns, Social Media campaigns, campaigns on TV, Radio & Newspapers, literature, Exhibitions etc.
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