Brief by Shorts91 Newsdesk / 02:38pm on 16 Jun 2025,Monday India
India could be on the verge of a massive offshore oil discovery in the Andaman Sea, potentially holding 184,440 crore litres of crude, Union Minister Hardeep Singh Puri said. He compared the possibility to Guyana’s transformative ExxonMobil-led find, which reshaped that nation’s economy. Puri revealed exploratory activity is intensifying, with ONGC drilling 541 wells in FY24 — a 37-year high. The discovery could boost India’s $3.7 trillion economy and reduce its 85% oil import dependency. India’s push includes policy reforms, enhanced drilling, and strategic reserves. “We may find our own Guyana,” said Puri in The New Indian interview. (PC: MSN)
