Infographic: Oil key priority as India prepares energy demand roadmap

India's role in global oil markets is poised for rapid expansion in the foreseeable future, as demand growth is expected to keep its uptrend while many other leading consumers experience a slowdown.

Asia's second-biggest economy is projected to achieve a relatively faster growth rate in oil demand of 3.2%, compared to China's 1.7%, according to S&P Global Commodity Insights. Key government priorities include fostering oil diplomacy with the US and Russia, signing term deals with non-OPEC and new crude oil suppliers, pursuing refining expansion, and making the upstream sector more attractive to overseas investors.