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New policies to boost foreign participation in oil and gas: Oil secy

India, which imports about 80 percent of its oil needs, wants to boost its local oil output.

Oil
Close to 4,400 technology start-ups exist in India, and the number is expected to reach over 12,000 by 2020
Reuters MUMBAI
Last Updated : Oct 26 2017 | 1:59 PM IST
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India will announce new policies to help global companies participate more in its oil and gas sector, Oil Secretary K.D. Tripathi said on Thursday.

India, which imports about 80 percent of its oil needs, wants to boost its local oil output.

 

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