Big Money Involved In Seeking Higher Imports: Veerappa Moily
Alleging that decision making process was threatened, Oil minister Veerappa Moily said that pressure was applied within & outside the ministry. India's E&P plan threatens import lobby, he added.
KG-D6 Blocks Were Handed Out On A Speculative Survey: Oil Minister
Allocation on speculative survey can't happen any more, said Oil Minister Veerappa Moily. He explained that the ministry was not sure of quantity of reserves when handing out blocks.
India Can Import Fertiliser, But Not Power: Oil Minister
Informing that no gas is left for power, steel after fertiliser allocation, Oil Minister Veerappa Moily said power crisis starts from gas availability & price. He cautioned that 26,000 MW of capacity will fall idle if gas is not supplied.