India, July 9 -- Hardeep Singh Puri, Minister of Petroleum and Natural Gas, addressed a distinguished audience of leaders, industry experts and professionals on 'Oil Markets: Energy Security, Growth & Prosperity' at the 9thOPEC International Seminar in Vienna, Austria today.

The Minister outlined India's renewed momentum to explore and drill for hydrocarbons by opening 2.5 lakh sq km under OALP Round-10. "With this major step and being close to discovering a Guyana-scale oilfield in the Andaman Sea, India is undertaking one of the most ambitious efforts to expand hydrocarbon exploration under the dynamic leadership of Prime Minister Shri Narendra Modi Ji. Our aim is to increase exploration acreage to 0.5 million sq km by 2025 and 1.0 mil...