Andaman sea oil discovery: In recent statements

In recent statements, Puri underscored the government’s aggressive exploration drive and regulatory reforms, which have opened up vast new areas for oil and gas exploration. The Andaman Sea, long considered a frontier for deep-sea drilling, is now the focus of unprecedented activity. India may be on the verge of a major oil discovery in the Andaman Sea, with Union Minister Hardeep Puri suggesting it could mirror the scale of Guyana’s transformative offshore find. India may uncover 1.84 lakh crore litres of oil in the Andaman Sea — a discovery as big as Guyana’s. This could push India toward a $20 trillion economy, says Minister Hardeep Singh Puri. India may be on the brink of a historic energy breakthrough. Hardeep Puri said India imported 80 per cent of oil and 50 per cent of natural gas, adding that even a 5-billion-barrel discovery would be a game-changer.