Coal from Switzerland, palm oil from Singapore, liquefied propane from Norway, and butane from Taiwan. India is breaking into new markets to meet its energy needs. It’s sourcing hydrocarbon commodities from more countries, reducing dependence on a select few. Attribute it to free trade agreements (FTA), the need for superior quality of products, or the intent to cause less
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stricter norms to protect it are keeping the industry on its toes and newer methods are being adopted to align with the new requirements,” Singh says. As India scours for new markets and partners in its quest for energy security, these are only an addition to the existing ones — replacing the dominant producers is still some distance away.