Petroleum Minister Dharmendra Pradhan has urged oil-producing countries to keep the interests of large consumers like India in mind while fixing prices of oil.&nbsp;<br />''<br />''<br />''Mr Pradahan was addressing the Ministerial session on Abu Dhabi International Petroleum Exhibition and Conference in Abu Dhabi on Monday. He said, there is a need to stop price volatility in the energy sector.&nbsp;<br />''<br />''<br />''Public sector companies under Petroleum and Natural gas Ministry like HPCL, IOCL, BPCL, ONGC, OIL and EIL have set up stalls in the exhibition.&nbsp; Director General Hydrocarbons also has a separate stall there besides companies like&nbsp; CII and FICCI have their presence in it.&nbsp;<br />''<br />''On the sidelines of ADIPEC, a MoU was signed between India and Abu Dhabi National Oil company for storage of crude oil at Padur in Karnataka.&nbsp;<br />''<br />''<span style="color: #222222;">Later the Minister accompanied by Sultan Al Jabar, UAE Minister of state and CEO of Abu Dhabi National oil company visited the India Pavilion of Federation of Indian Petroleum Industry which he inaugurated.</span><br />
News On AIR | November 12, 2018 9:04 PM
Petroleum Minister urges oil producing companies to keep interest of India in mind while fixing price