Expert says India will export around 1.5 million b/d of oil by 2010

Fereidun Fesharaki, a well-known expert on energy questions and CEO of FACTS Global Energy, recently told a conference in Dubai, that India would become an oil exporter of around 1.5 million barrels a day (b/d) by 2010, which could rise to 1.65 million b/d by 2012. Speaking at the Middle East Petroleum and Gas Conference in Dubai on April 16-17, Fesharaki has said that India is planning to add nearly 1.8 million b/d of capacity between 2007 and 2017.

DailyIndia