India, GCC and the Global Energy Regime: Exploring Interdependence and Outlook for Collaboration

Growth-induced structural changes have precipitated a phenomenal increase in energy consumption in the economies of the Asian region. Importantly, Asia’s burgeoning demand for oil and gas is a crucial factor in the current world energy market and has occupied centre stage in the contemporary discourse on global energy security. This book explores one aspect of such transition, envisaging the emerging pattern of energy interdependence between India as a major energy consuming and importing country and the prominence of the Gulf Cooperation Council (GCC) countries as the major source of energy supplies for India and the Asian region as a whole. The book argues that the evolving pattern of energy related links and tendencies will act as a stimulant to boost bilateral economic relations between India and the GCC to an elevated trajectory.