{"id":7353,"date":"2020-01-13T05:23:21","date_gmt":"2020-01-13T05:23:21","guid":{"rendered":"https:\/\/www.gkseries.com\/blog\/?p=7353"},"modified":"2020-01-13T17:54:59","modified_gmt":"2020-01-13T17:54:59","slug":"india-to-double-us-oil-imports","status":"publish","type":"post","link":"https:\/\/www.gkseries.com\/blog\/india-to-double-us-oil-imports\/","title":{"rendered":"India to double US oil imports"},"content":{"rendered":"\n<p>India plans to double crude oil imports from the US as part\nof its effort to reduce dependance on the volatile West Asia region. India is\nalso keen on long-term oil supply contracts with Russia and oil producing\ncountries in Africa. India is heavily dependants on oil imports from West Asia.\nIts top three suppliers in 2018-19 are from the area: Iraq, with about 46.6\nmillion tonnes (MT) in 2018-19, is the number one supplier, followed by Saudi\nArabia (40.3 MT) and the UAE (17.5 MT). Kuwait supplied 10.8 MT.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.gkseries.com\/blog\/current-affairs-quiz-2019-daily-gk\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Daily Current\nAffairs Quiz 2020<\/strong><\/a><\/p>\n\n\n\n<p>Besides increasing oil and gas purchases from the US to\ndiversify imports, there have also been shifts among traditional sources,\nespecially in the case of supplies from Venezuela and Iran because of US\nsanctions and other domestic factors. The US\u2019 dependence on West Asian\ncountries for energy needs is negligible due its huge domestic reserves, and\nChina has significantly diversified its sourcing in terms of domestic reserves\nand equity oil abroad.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>India plans to double crude oil imports from the US as part of its effort to reduce dependance on the volatile West Asia region. India is also keen on long-term oil supply contracts with Russia and oil producing countries in Africa. India is heavily dependants on oil imports from West Asia. Its top three suppliers [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":7354,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[871,8],"tags":[],"class_list":["post-7353","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-current-affairs-january-2020","category-current-affairs"],"_links":{"self":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/7353","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/comments?post=7353"}],"version-history":[{"count":1,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/7353\/revisions"}],"predecessor-version":[{"id":7355,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/7353\/revisions\/7355"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media\/7354"}],"wp:attachment":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media?parent=7353"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/categories?post=7353"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/tags?post=7353"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}