In 2018-19, our energy trade size is $7 billion with the US. It is increasing this year, as we are importing crude oil, LNG, coal, especially the special category of coal.
Speaking at the India Energy Forum of CERAWeek conference here, he said India's energy transition level is in line with global trends.
At present, China is the world's largest steel producer with a production capacity of 928.3 MT of crude steel (2018), while India, with 106.5 MT of crude steel production, ranks second on the list.
In a letter to Civil Aviation Minister Hardeep Singh Puri, Pradhan said there has been a long-pending request from various quarters for introducing a direct flight from Bhubaneswar to Dubai.
The Appointments Committee of the Cabinet (ACC), led by Prime Minister Narendra Modi, has appointed Jitendra Asati, a 2009-batch IES officer, as Officer on Special Duty (OSD) to Minister for Petroleum and Natural Gas and Steel Pradhan for a period up to October 20, 2021.
Union Petroleum and Natural Gas Minister Dharmendra Pradhan has urged Railways Minister Piyush Goyal to run two independent trains -- Bhubaneswar-Jagdalpur and Bhubaneswar-Junagarh -- for the convenience of the people in Odisha's Kalahandi.
Highlighting achievements of the Pradhan Mantri Ujjwala Yojana (PMUY), he said average per capita consumption of PMUY beneficiaries is around 4.87 cylinders in a year.
Considered the party's chief ministerial candidate at one time, Pradhan had steered one of the Modi government's most talked about schemes Pradhan Mantri Ujjawla Yojana, an initiative to provide free cooking gas connection to poor women.
VIDEO: Mamata Banerjee gets off car after people chant Jai Shri Ram
Even though he lost one Assembly election from the Pallahara constituency in 2009, Dharmendra Pradhan's political journey has witnessed a rise and rise. Pradhan, who has been elected to the upper house of the Parliament this time from Madhya Pradesh, is a three-time MP and one-time MLA.
Ravi Shankar Prasad, Dharmendra Pradhan and Prakash Javadekar are set to take oath as ministers in Modi Sarkar 2.0 on Thursday when Narendra Modi will be sworn in as the 16th Prime Minister of India.
Gandhi also reiterated the Congress' demand for a Joint Parliamentary Committee (JPC) probe into the deal. He claimed that if it was conducted, names of Prime Minister Narendra Modi and businessman Anil Ambani will come to the fore.
In a letter to Goyal, Pradhan informed him of the incident that took place on Wednesday, saying it had caused panic among the residents.
The US administration has allowed India and other seven countries to keep importing oil from Iran, despite its reimposition of crippling sanctions on the Persian Gulf nation from November 5.
"We have to fulfill our own domestic requirements. Some of our companies have already nominated theire quota for November," said the Minister for Petroleum and Natural Gas, while referring to import of Iran's oil by Indian companies.
Pradhan said he had spoken to Saudi Oil Minister Khalid A Al-Falih and "reminded him of the June commitment of Opec to increase production by 1 million barrels per day" to help cool prices.
Reacting to Pradhan's proposal, Odisha Finance Minister Sashi Bhusan Behera said the Centre should first reduce tax on the oil price.
Earlier today, the Indian rupee slumped to a record low of 71 against the US dollar by falling 26 paise on persistent demand for the US currency amid rising crude prices.
Oil Minister Dharmendra Pradhan on Friday said the government will file an appeal in High Court against a ruling by an international tribunal which rejected its USD 1.55 billion claims against Reliance Industries for allegedly siphoning gas from fields operated by state-owned ONGC
However, despite the cut, petrol prices were hovering above the Rs 80-mark in Mumbai, Kolkata and Chennai.
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