ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846
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A Mega Oil Company and India’s Energy Security

Referring to a budget speech proposal to merge all public sector oil companies, this article points to the prerequisites for enhancing the performance of the Indian oil industry and making it globally competitive. It argues that a merger makes sense only if it means acquiring financial muscle and technological competence to overcome the challenges of rising demand for oil and gas together with a natural decline in domestic production.



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