ISSN (Online) - 2349-8846
-A A +A

What US Shale Oil Imports Mean for India

India has imported its first shipment of shale oil from the United States, the fastest-growing oil producer in recent years. This is a significant step for India as it will now be less dependent on oil from West Asia, opening access to more risk-free oil and better prices. Yet concerns remain. India is consuming oil at a fast rate, while domestic production is falling. It will continue to be dependent on oil imports for its energy security, and will have to further diversify its sources of oil imports.



 

Subscribers please login to access full text of the article.

 

 

Subscribe Now !

Get instant access to the complete EPW archives

New 3-Month Subscription to Digital Archives at just Rs 531 for India and $18 for overseas users.

  Subscribe  

Comments

(-) Hide

EPW looks forward to your comments. Please note that comments are moderated as per our comments policy. They may take some time to appear. A comment, if suitable, may be selected for publication in the Letters pages of EPW.

Back to Top