CURRENT AFFAIRS

2020

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which African nation will be assisted by Indian Oil for implementation of National LPG Promotion Policy?
A
Mali
B
Cameroon
C
Ghana
D
Senegal
Explanation: 

Detailed explanation-1: -New Delhi: Indian Oil Corporation (IOC) today signed a Memorandum of Understanding (MoU) with Ghana’s oil regulator – National Petroleum Authority - for providing assistance and technical expertise in the implementation of that nation’s National LPG Promotion Policy.

Detailed explanation-2: -In the National LPG Promotion Policy, Government has set a target that at least 50% of Ghanaians should have access to safe, clean, and environmentally friendly LPG for domestic, commercial and industrial usage by 2030.”

Detailed explanation-3: -Established in 1959 as Indian Oil Company Ltd., Indian Oil Corporation Ltd was formed in 1964 with the merger of Indian Refineries Ltd. (Estd. 1958).

Detailed explanation-4: -IndianOil has resolved to achieve net-zero operational emissions by the year 2046. IndianOil’s decarbonisation plans encompass both Scope 1 & 2 emissions. Mr Shrikant Madhav Vaidya, Chairman, IndianOil, made the announcement during the Company’s 63rd Annual General Meeting, held on 25th August, 2022.

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