Q. Consider the following statements:
1.India’s dependency on imports to meet its energy needs have declined.
2.India is a net exporter of petroleum products.
3.India doesn’t export crude oil and natural gas.
Which of the statements given above are correct?
Statement 1 is incorrect. India’s dependency on imports to meet its energy needs went up between 2012-13 and 2021-22 for all major sources — crude oil, natural gas and coal — shows data in a report recently released by the National Statistical Office (NSO).
Statement 2 and 3 are correct. India is a net exporter of petroleum products but it has to import crude oil to manufacture them. Unlike coal, which India exports as well as imports, India doesn’t export crude oil and natural gas.
Source: The Times of India