India Becomes World’s Third Largest Oil Consumer

India becomes third largest oil consumer

Question : Which of the following country is World’s Third Largest Oil Consumer?
(a) China
(b) Australia
(c) United States of America
(d) India
Ans:(d)
Related facts:

  • According to recently released BP Statistical Review of World Energy on 8 June 2016,India has surpassed Japan to become the world’s third-largest oil consumer.
  • With demand of 4.1 million barrels a day (bpd), India is the third-largest consumer behind the United States (19.39 million bpd) and China (11.96 million bpd).
  • India accounted for 4.5 per cent of world oil consumption in 2015.
  • Oil remained the world’s leading fuel, accounting for 32.9 per cent of global energy consumption and is gaining market share for the first time since 1999. Coal came in as the second-largest fuel by market share (29.2 per cent).
  • Natural gas’ market share of primary energy consumption stood at 23.8 per cent.

Reference:
http://www.bp.com/en/global/corporate/press/press-releases/65th-edition-of-bp-statistical-review-of-world-energy.html
http://www.bp.com/content/dam/bp/pdf/energy-economics/statistical-review-2016/bp-statistical-review-of-world-energy-2016-full-report.pdf