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India seeks to use its oil thirst to drive bargains

Published Mon, Jun 15, 2015 · 09:50 PM
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New Delhi

INDIA is trying to use its position as one of the world's biggest energy consumers to strike better bargains for its companies with oil exporting nations, in a marked change of approach under Prime Minister Narendra Modi.

The oil ministry is moving beyond seeking additional barrels for import and is in talks with exporters. Now, the energy-defi…

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