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Indian energy: A price worth paying

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Efforts to increase investment in exploration for oil and natural gas by the Indian government include an increase in the state mandated price of natural gas to bring it closer to world prices.

India's oil and natural gas imports 2010-2015

02/21/2010

Growing imports of oil and natural gas in India in 2012-2013. Disappointing production of oil and natural gas from the Reliance offshore exploration in the Krishna-Godavari Basin. The need for increased exploration and a change in government policy. This comes at a time when India faces severe shortages of energy supplies including coal for electricity and power development.

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Investment in oil and gas exploration by India of $16 billion is about half the amount invested by Brazil in the same 15 year period. The move in 2013 bringing state mandated natural gas prices closer to world prices is an effort to increase India's investment in the energy field.

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Indian energy: A price worth paying

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Rupee Throws Oil on India's Subsidy Problem

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India Grapples With Soaring Energy Costs

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Global Oil Glut Sends Prices Plunging

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