"India or China, Japan and Korea- Asian counties are the primary consumers of the energy market today. ""Why we have to give Asian premium? That is the issue we are raising and when we met on the sidelines of International Energy Forum with CNPC chairman, I proposed to coordinate with China and all these consuming countries in a bigger way," Pradhan told yesterday. "In the international commodity scenario when there is an intentional crisis, there is nothing we can do in short terms. But for long term we are opting for alternate fuel and alternate energy, conservation and efficiency of fuel.

Source: Economic Times April 15, 2018 07:30 UTC