Business Standard

IEA invites India to become full-time member, says Puri


Internatio­nal Energy Agency (IEA) has invited India, the world's third-largest energy consumer, to become its full-time member - a proposal if accepted will require New Delhi to raise strategic oil reserves to 90 days requiremen­t. Oil Minister Hardeep Singh Puri on Monday said he held online discussion­s with IEA Executive Director Fatih Birol. "As a natural corollary to the India IEA strategic partnershi­p, Dr Birol invited India to deepen its cooperatio­n with IEA by becoming a full Member," Puri tweeted without saying if the full-time member was acceptable to the government or not.

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