How will energy insecurity lead to geopolitical tensions-China vs India Flashcards
1
Q
Background
A
India’s demand for energy has grown due to high economic growth rates, lack of energy-efficient
technologies, reliance on heavy industry and widespread power stealing.
In 2005 oil imports
accounted for 2/3rds of India’s oil consumption and China is seen to be much more energy secure
than India.
In terms of investment India is also behind with only $3.5 billion in overseas exploration compared with $40 billion made by China
2
Q
What policies have been introduced?
A
India will have to rely on imported oil and gas in the short term-required increased diplomacy with South Asia etc
-Investing in offshore gas fields in Vietnam
