India Vs China Oil Consumption and potential for cooperation
Comparison of Overseas investment made so far by India and China INDIA ONGC Videsh 5.07 mmt (million metric tonnes) CHINA China National Offshore Oil Cooperation (CNOOC) China National Petroleum cooperation(CNPC) 60 mmt Consumption India 2 mb (million barrels ) per day 75% of oil required is imported CHINA 5.6 mb perday 30% oil is imported