FM Arun Jaitley said creating oil giant for compete with gloabl majors
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India's FM Arun Jaitley said on Wed, 1st Feb 2017 on Budget, planning for creating giant oil company combine with state-owned firms for compete with global majors in acquiring foreign assets.
Struggling for raise local oil production and import about 80 percent. Prime Minister Modi try cutting to 67 percent by 2020. India is replacing China for consumption of Oil demand. India have oil companies like IOC, ONGC, HP etc.,
India's FM Arun Jaitley said on Wed, 1st Feb 2017 on Budget, planning for creating giant oil company combine with state-owned firms for compete with global majors in acquiring foreign assets.
Struggling for raise local oil production and import about 80 percent. Prime Minister Modi try cutting to 67 percent by 2020. India is replacing China for consumption of Oil demand. India have oil companies like IOC, ONGC, HP etc.,
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