"Expert Vijay Kelkar is preparing a road map. According to it, by 2020 our imports will go down by 50 per cent, by 2025 it should go down by 75 per cent and by 2030 our country should become energy independent and it is possible," he said
The minister spoke here at an event to launch 5 kg non-subsidised cylinder and implementation of inter-company LPG portability scheme here.
"We need to produce, either you produce oil or perish; ....Only when we start producing oil and natural gas in our own country, we will have the right to have a say on its prices," he added.
He said: "our refineries are best and responding in a big way." "There is availability of oil and natural gas in Barmer of Rajasthan, we are setting up a refinery of 9 million metric tone capacity with the help of Hindustan Petroleum."
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Earlier, he inaugurated two new consumer initiatives which include 5 kg LPG cylinders at market price with minimal documentation through company owned retail outlets (petrol stations).
According to ministry officials- sale of 5 kg cylinders will be done (equipment + product) at non domestic rates with or without regulator for the first time by charging Rs 1,000 plus applicable taxes for the cylinder and Rs 250 plus applicable taxes for regulator.