<ul data-eligibleForWebStory="false"><li>India is close to discovering a Guyana-scale oil field in the Andaman Sea, according to the Oil Minister.</li><li>The country aims to increase exploration acreage significantly by 2030, supported by policy reforms like shifting to a Revenue Sharing Model.</li><li>Key initiatives such as reducing 'No-Go' areas and national data acquisition programs are strengthening the exploration sector.</li><li>India's comprehensive strategy includes diversifying crude import sources, boosting domestic production, and expanding refining and petrochemical capacity.</li></ul>

India close to discovering Guyana-scale oil field in Andamans: Oil Minister

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