Description:
Oil and Gas Sectors in India: Factbook @ The importance of Oil and Gas sector in India can be gauged from the fact that it accounts for 42 percent of primary energy necessity and 15 percent of the country’s Gross Domestic Product (GDP). The Oil and Gas sector in India is likely to demonstrate robust growth in line with the growth of the Indian economy; representing significant opportunities for investors across the value-chain. Currently, India is heavily dependent on imports to meets its Oil and Gas needs. However, with the increase in E&P activity in the country, more Oil and Gas discoveries are being made. This is likely to increase the role of these fuels in meeting the overall energy demand of the country. – PowerPoint PPT presentation