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Explained: Why 'atmanirbharta' flows against oil security for India

Instead of relying on negligible domestic deposits, India should be securing steady supplies from abroad

Topics
oil and gas | energy sector | Indian oil demand

Subhomoy Bhattacharjee  |  New Delhi 



oil, gas, pipeline
Petroleum ministry data shows India expects to spend Rs 1.77 trillion to prospect for oil and gas up to 2025

Last week, Indian Petroleum Minister Dharmendra Pradhan ticked off Saudi Arabian energy minister Abdulaziz Bin Salman for an “undiplomatic” comment on oil prices. Pradhan had said last month that international prices were running too high to which the Saudi minister had tartly advised him to dip into the strategic oil reserves India had bought at about $19 a barrel last year.

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First Published: Wed, March 31 2021. 06:10 IST

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