Wednesday 27 May 2020

Benefits From The Crude Crash? | Oil Minister Dharmendra Pradhan To ET NOW by ET NOW

Benefits From The Crude Crash? | Oil Minister Dharmendra Pradhan To ET NOW

Video description:
There was a serious disruption in crude demand due to COVID19. We are reinvesting the money saved on crude for development & welfare purposes. Due to the fall in crude prices, India saved Rs 25,000 cr due to the crash in crude prices. The ministry bought around 9 million tn crude & put it in the high seas. This allowed India to save nearly 38-39 million tn to take advantage of low crude prices. However, want to convert towards renewable energy in a big way but currently, India will give priority to coal gasification. We are prepared to put roadmap for diversified energy basket in place, says Dharmendra Pradhan, Oil Minister in an exclusive interview to ET NOW Subscribe To ET Now For Latest Updates On Stocks, Business, Trading | ► https://goo.gl/SEjvK3 Subscribe Now To Our Network Channels :- Times Now : http://goo.gl/U9ibPb The NewsHour Debate : http://goo.gl/LfNgFF To Stay Updated Download the Times Now App :- Android Google Play : https://goo.gl/zJhWjC Apple App Store : https://goo.gl/d7QBQZ Social Media Links :- Twitter - http://goo.gl/hA0vDt Facebook - http://goo.gl/5Lr4mC G+ - http://goo.gl/hYxrmj Website - www.etnownews.com
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