India's 20 trillion dollar 💰 energy jackpot !!
Автор: Market Money and NEWS
Загружено: 2026-02-15
Просмотров: 14
Описание: Oil India Limited has officially confirmed a significant natural gas discovery at the Shri Vijaypuram-2 well in the Andaman Sea, marking a historic milestone for India’s energy sector. This find is located near the Andaman and Nicobar Islands and features a high methane content of 87%, indicating that the resource is highly viable for commercial production. Experts compare the potential of this region to the massive oil fields in Guyana, suggesting it could fundamentally transform the nation's economy by unlocking trillions of dollars in value. The breakthrough is attributed to strategic government policy shifts, such as the transition to the Open Acreage Licensing Policy (OALP) and the opening of previously restricted "no-go" maritime zones. Because the current discovery covers only a small fraction of the available area, there is immense potential for further extraction, drawing interest from global energy giants like ExxonMobil and Chevron. This development represents a critical step toward achieving energy security and reducing India's dependence on foreign fuel imports.
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