India close to hitting Guyana-type 2 lakh crore liter jackpot in Andaman that may make us $20 trillion economy, says Oil Minister Hardeep Puri

  • Posted on June 16, 2025
  • By Business News Today
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India close to hitting Guyana-type 2 lakh crore liter jackpot in Andaman that may make us $20 trillion economy, says Oil Minister Hardeep Puri

Andaman crude oil reserve: India's energy sector anticipates a potential game-changer as exploration in the Andaman Sea hints at an oil field mirroring Guyana's massive discovery. Policy reforms, deep-water drilling advancements, and increased private sector engagement are converging to unlock previously inaccessible reserves. This could significantly reduce India's reliance on oil imports and propel economic growth.
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