India's search for overseas energy - disappointing

venky · Intermediate Crude Joined: Mar 13, 2005 Posts: 811

While the gas deal with Iran falters and losing out hugely to China in Russia gas projects, questions will be asked how India can hope to meet demand as economic growth continues and cope as prices rise.

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I play the cards I'm dealt, though I sometimes bluff.

vampyregirl · Heavy Crude Joined: Dec 19, 2007 Posts: 319

The discovery of 3.5 billion barrels in india's Rajastan basin came right on time it seems. It will certainly reduce Indian dependence on imported oil. At least for now

manu · Intermediate Crude Joined: Jul 26, 2006 Posts: 710

Yea, once the one lac car from Tata come out it should last them the rest of the year.