Concerns over Indian oil output

India’s Oil Minister Mani Shankar Aiyar has raised concerns about the country’s future energy supplies, amid falling oil output at its main energy company.

The minister warned that output from the Oil and Natural Gas Corporation’s (ONGC) current fields may fall sharply, creating significant future problems.

..Mr Aiyar voiced concerns about a fall in domestic output at a time when India’s rapidly expanding economy is fuelling huge demand for energy.

“The decline in anticipated output from existing fields is going to assume increasingly significant proportions,” he said.

“I will be failing in my duty if I didn’t draw the attention of the country to some of the alarming facts about ONGC and energy security in the immediate future.”

BBC