India to drive half of global oil demand growth over next decade, says Rosneft chief

India is set to play a central role in shaping global energy demand over the coming decade, according to Rosneft chief executive Igor Sechin, who said the country’s expanding economy will be a major force behind growth in both oil consumption and electricity use worldwide. Addressing the St. Petersburg International Economic Forum, Sechin pointed to projections indicating that India will emerge as one of the most significant energy markets globally, accounting for a substantial share of future demand growth. “Speaking of our strategic partners, I would like to specifically mention India. Today, India’s economy is one of the key drivers…