Double the gas price, deregulate prices of petroleum products or roll out tax incentives. But these wouldn't guarantee India's hydrocarbon output.
By Rajarajan P
@QueryKing (9)
Nagapattinam, India
May 10, 2014 7:43am CST
Blame paucity of viable resources and dearth of new discoveries. In both oil and gas, it is almost a hand-to-mouth existence for the country right now, data analysed by FE show. And mind you, roughly 80% of the country's oil needs are already met through imports.
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