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BP sees 5-10% of global earnings from India; bets big on natural gas output

London-based BP's total earnings for 2017 were $6.2 billion, more than double that of a year ago

Reuters  |  Mumbai 

Oil giant BP Plc expects almost a tenth of its global earnings from India over the next decade as it bets big on natural gas output, marketing and renewable initiatives in the subcontinent, a top regional executive of the company said. "My aspiration is that since we (India) are material for BP, that might see 5-10 per cent of BP's earnings coming from India," said Sashi Mukundan, regional president and country head. London-based BP's total earnings for 2017 were $6.2 billion, more than double that of a year ago. BP India's earnings mainly come from its ...

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First Published: Thu, April 05 2018. 16:08 IST
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