{"id":1377,"date":"2017-10-25T10:52:31","date_gmt":"2017-10-25T10:52:31","guid":{"rendered":"http:\/\/madaresharghi.com\/india-wants-300b-in-energy-investment\/"},"modified":"2017-10-25T10:52:31","modified_gmt":"2017-10-25T10:52:31","slug":"india-wants-300b-in-energy-investment","status":"publish","type":"post","link":"https:\/\/madaresharghi.ir\/en\/india-wants-300b-in-energy-investment\/","title":{"rendered":"India Wants $300b in Energy Investment"},"content":{"rendered":"<p><a href=\"http:\/\/madaresharghi..com\">madaresharghi<\/a><br \/>\n<\/p>\n<p> \tIndia wants to attract foreign investments for $300 billion of energy projects planned for the next decade, its oil minister said, as the world\u2019s third biggest oil consumer aims to cut imports. India ships in about 80% of its oil needs, which Prime Minister Narendra Modi wants to reduce to 67% by 2020. The planned projects will increase the country\u2019s refining capacity, oil and gas block exploration and development of gas infrastructure, including for transporting LNG and re-gasification, Reuters reported. \u201cIn the next 10 years, India will offer projects worth $300 billion\u201d to foreign companies keen to invest in the country, Indian Oil Minister Dharmendra Pradhan told an energy conference in New Delhi. India\u2019s oil and gas output has been stagnant for years while its fuel demand has risen with economic expansion, hitting federal finances with an import bill worth billions of dollars. Modi\u2019s government has been taking steps to unlock the country\u2019s vast energy reserves and boost foreign investment in the sector by relaxing rules, including on pricing and marketing.<\/p>\n<p> \t\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>madaresharghi India wants to attract foreign investments for $300 billion of energy projects planned for the next decade, its oil minister said, as the world\u2019s third biggest oil consumer aims to cut imports. India ships in about 80% of its oil needs, which Prime Minister Narendra Modi wants to reduce to 67% by 2020. The [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[2,8],"tags":[639],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v15.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>India Wants $300b in Energy Investment - madaresharghi | An Analytical Look at Middle Eastern Developments<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/madaresharghi.ir\/en\/india-wants-300b-in-energy-investment\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"India Wants $300b in Energy Investment - madaresharghi | An Analytical Look at Middle Eastern Developments\" \/>\n<meta property=\"og:description\" content=\"madaresharghi India wants to attract foreign investments for $300 billion of energy projects planned for the next decade, its oil minister said, as the world\u2019s third biggest oil consumer aims to cut imports. India ships in about 80% of its oil needs, which Prime Minister Narendra Modi wants to reduce to 67% by 2020. 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