July 4, 2008, the first two days of June (Lunar New Year), India's oil minister said the accused and India due to rising international oil prices and baseless.



Itar-Tass reported on July 4, Indian Petroleum Minister Murli Deora (Murli Deora), due to rising international oil prices and accused India and China are unfounded.
Deora speak Spanish at the Tenth Session of the World Petroleum Congress, pointed out: "Some oil analysts nearly months, oil prices continued to rise with the increase in demand for oil in India and China linked . "
He stressed that, despite the rapid economic growth of India and China, the two countries the population accounted for one-third of the world's total population, but the two countries, oil demand is still lower than the industrial countries, which is less than the world eighth of the total demand.
Deora also stressed that India and China rely on high-performance energy, so the demand for oil is lagging behind in economic growth rate.
Deora speak in the General Assembly, also said: "Therefore, there is no reason to crude oil prices linked with the increase in oil demand in India and China, which is unfounded. "
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