India Business Newsweekly
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Frost & Sullivan India Pvt. Ltd.
Rising Energy Demands Necessitate Capacity Additions in Oil and Gas Refineries, Finds Frost & Sullivan
June 30th, 2009
The sustained economic growth in the country over the last five years has led to a concurrent growth in energy demand across industrial, transportation, commercial, and residential sectors. Oil and gas account for 41 percent of India's energy consumption and there is unlikely to be any significant scaling down of dependence on these fuels in the next five to ten years. New analysis from Frost & Sullivan Strategic Analysis of Oil and Gas Sector in India, finds that the output of the Indian oil and gas sector was 184.3 million tonnes oil equivalent in 2008 and expects this to reach 339.6 million tonnes oil...
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Source: India Business Newsweekly (2009-06-30)
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