India makes big push for oil and gas exploration in Andaman deep water basin

India is making a big push for oil and gas exploration in Andaman deep water basin with the government planning to fund an ONGC-led drilling campaign and easing clearances, according to people familiar with the matter.

Increasing exploration at a break-neck speed is at the centre of the government’s plan to raise domestic production of oil and gas and cut imports at a time when high fuel prices are tormenting consumers.