John Westwood, Group Chairman of Douglas-Westwood and Dan Eberhart, CEO of Canary USA, give their insights on the future of oil & gas in the Indian market.
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China govt discovers 5 bn tonne of oil in 2008-2011
According to reports, China has made progress in the discovery of 5.01 billion tonne of oil reserves and other natural resources between 2008 and 2011. Besides, 2.6 trillion cubic meters of natural gas and 279.8 billion tonne of coal have been discovered, said the China government report on land administration and mining resources.