Oct 25: India's oil dependency will go up to a whopping 97% by 2050, according to a leading research institute.
8Efforts at halting this inexorable rise in dependency ratio is unlikely to bear much fruit given India's poor hydrocarbon prospectively.
8What is more, high-cost Indian crude production will not be possible to be sustained in the light of low-cost output coming in from the Middle East
8India's dependency will be amongst the highest in the world
Click on Click here for more

**********************************