India’s damaging reliance on oil

The National
  • Oil tankers are stationed for re-filling at a petroleum company in Mumbai. Punit Paranjpe / Reuters
    Oil tankers are stationed for re-filling at a petroleum company in Mumbai. Punit Paranjpe / Reuters
  • India is heavily reliant on imports for the vast majority of its supplies. Above, a refinery in Mumbai, India. Dhiraj Singh / Bloomberg
    India is heavily reliant on imports for the vast majority of its supplies. Above, a refinery in Mumbai, India. Dhiraj Singh / Bloomberg
  • India’s consumption of oil hit a record high last year at 196.5 million tonnes, up 11 per cent on the previous year. Mukesh Gupta / Reuters
    India’s consumption of oil hit a record high last year at 196.5 million tonnes, up 11 per cent on the previous year. Mukesh Gupta / Reuters