India will work with China on OPECs “Asian Premium” issue – Feedback

Pradhan By Diwakar Gopavajhala Hyderabad, Apr 15(PTI)Union Petroleum Minister Dharmendra Pradhan has said India will coordinate with China and other Asian countries to voice against the “Asian Premium” being changed by the Organisation of the Petroleum Exporting Countries (OPEC).

Taking the initiative forward, the minister said, Indian Oil Corporation chairman Sanjiv Singh will coordinate with the head of China National Petroleum Corporation (CNPC) to chalk out the strategy that would result in getting better price from OPEC countries. “India or China, Japan and Korea- Asian counties are the primary consumers of the energy market today.”

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