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New Delhi moves to pool oil firm resources
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New Delhi moves to pool oil firm resources

Our Correspondent
Oct 23, 2008
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New Delhi moves to pool oil firm resources
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Strapped by ever increasing energy shortages, New Delhi is seeking to work out a strategy to take on Chinese companies in winning oil and gas stakes around the world, even as the two emerging economies slug it out to meet burgeoning energy demand.

Currently, nearly 70 percent of India’s crude requirements are met by imports, a figure estimated to go up t…

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