ABSTRACT

The enormous amounts of energy and natural resources required, and a rising demand, have critical implications for international energy security as well as the development of least economically developed regions, particularly Africa. This chapter highlights key implications for both based on research and conversations with experts some of whose written works are also cited. India's energy administration structure made up of fuel-specific agencies and without a high-level body for integrated energy policy-making, has also contributed to supply energy policy bias. In addition, India also faces relatively larger gaps regarding targeted and actual investments in energy infrastructure for power generation, oil and gas exploration, production and transport. Naturally both China and India try to diversify away from the Middle East for oil imports. Much has been said about China and India's equity stake in foreign oil and gas development to seek exclusive access to these energy sources.