Euronews is no longer accessible on Internet Explorer. This browser is not updated by Microsoft and does not support the last technical evolutions. We encourage you to use another browser, such as Edge, Safari, Google Chrome or Mozilla Firefox.

India makes its biggest gas find

India makes its biggest gas find
Euronews logo
Text size Aa Aa

India’s state-led oil exploration company says it has made the country’s biggest ever discovery of natural gas. The find was made off the southeast coast. It is estimated the discovery is worth around the equivalent of 40 billion euros and will go along way to meeting India’s energy needs.

Oil demand is expected to grow rapidly in the coming years in line with the strong growth of the economy. The latest find comes as India faces pressure from the US not to go ahead with a pipeline to pump gas from Iran through Pakistan.