India's oil and energy sector is at a crucial point, dealing with many challenges and changes, from improving efficiency to focusing on sustainability in a rapidly changing world. According to the Government of India, India is the 3rd largest consumer of energy and oil globally and the 4th largest importer of liquefied natural gas (LNG).
ES Ranganathan, an expert in the oil and energy sector, shares his thoughts, saying, "India's oil and energy sector is vital to its economy, meeting the needs of industries and households alike. However, the sector faces ongoing issues such as fluctuating oil prices, inefficiencies, environmental concerns, and the pressing need for innovation. Using modern technology can greatly accelerate the energy transition by improving transportation, storage, efficiency, and other areas.