Indian state oil firms betting on natural gas as next big thing
Indian Oil, Bharat Petroleum and Hindustan Petroleum plan to raise gas contributions to 5-15% of their incomes
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Mumbai
INDIA'S state oil refiners are planning an aggressive push into natural gas in coming years to meet Prime Minister Narendra Modi's goal of making the fuel a bigger part of the country's energy mix.
State-owned oil companies - Indian Oil, Bharat Petroleum and Hindustan Petroleum - are planning to raise gas contributions to between five and 15 per cent of their incomes over the next few years, up from nearly none now, company executives said.
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