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India oil dependency grows 1% in six months-II: Output continues to dwindle
Aug 22: July figures are a dismal reminder of India's inability to stem what seems to be an inexorable decline in oil &gas output.
8Both oil and gas saw a decline of 5% from what it was in July, 2017
8There are some early signs of a recovery in gas output, but ONGC seems to be struggling to get its offshore discoveries from going online.
8The outlook for crude remains grim
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