India to host OPEC meet

Energy-hungry India will step up efforts to secure stable and possibly cheaper oil supplies this week, hosting Gulf OPEC states and key Asian importers in a new diplomatic push for regional solidarity.

With its reliance on foreign crude oil growing as stagnant domestic demand begins to pick up, India is keen to foster ties with oil-rich neighbours to the west and import-dependent ones to the east, hoping a united front may counter the political weight of the world’s biggest oil user, the United States.

http://independent-bangladesh.com/news/jan/05/05012005bs.htm#A15