Pre-pandemic we were consuming roughly 5 million barrels a day of oil. It is going to go up to 9 million barrels if we want to become a $10-trillion economy, says energy expert Narendra Taneja.
Use of 100% ethanol as fuel has been mulled for a very long time. How long would it go in cutting down our crude import bill because there is also the fact that not too many automobiles are compatible with ethanol as opposed to regular petrol or diesel or fuel?
It is a very good idea as part of the efforts to reduce dependence on oil imports but would it make a very significant difference? The answer is no because we are a great producer of ethanol but at the same time if we start consuming ethanol for everything, we will end up becoming import dependent for ethanol also. We are already importing quite a bit.
Recent Posts
DP World introduces electric transfer vehicle at Port of Brisbane
Monjasa gearing up to introduce LNG bunkering operations in UAE
Rotterdam issues first continuous methanol bunkering permit
DNV issues standard to address ammonia and methanol safety risks
Argus Green Marine Fuels Asia Conference
IndianOil tests zero-emission electric vehicle technology
India, Sri Lanka see weak bunker fuel demand in November
MBNL expands ethanol production capacity with Rs 100 crore investment