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Page added on September 21, 2007

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India and China struggle over Latin oil

India follows in China’s van in securing energy supplies in Latin America. Indian oil firm Reliance is closing on deal for two oil blocks in Peru. Indian interests also nosing around Colombia and elsewhere.

The Oil Race is on: China signs multi-billion dollar oil contract with Venezuela but India also wants Latin American Oil
It is no revelation to say that India, as it begins to bloom as a global power, is adopting a China-like posture in its search for new oil suppliers. New Delhi



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