Summary
Reviving domestic oil consumption, attracting investment into the upstream sector and crafting a crude buying strategy amid mounting geopolitical tensions are key challenges ahead for the new Indian government as it starts office for the second term, analysts told S&P Global Platts.
While the National Democratic Alliance government will likely speed up oil and gas reforms initiated in their first term, it will also try to find ways to push alternative and cleaner forms of energy in an effort to cut dependence on imported oil and gas, analysts said.
In addition, speeding up infrastructure projects will be a key priority, which would h......