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From: dss00@amdahl.UUCP (dss00)
Newsgroups: net.nlang.india
Subject: Re: Pleasant News about Our Economy (Oil)
Message-ID: <1756@amdahl.UUCP>
Date: Tue, 9-Jul-85 13:31:14 EDT
Article-I.D.: amdahl.1756
Posted: Tue Jul  9 13:31:14 1985
Date-Received: Sat, 13-Jul-85 08:41:07 EDT
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> From: sivan@aero.ARPA (Sivan Mahadevan ) Message-ID: <240@aero.ARPA>
> > 	I remember reading a while back that the largest exported item from
> > India is OIL.  OIL!!  The future for our economy looks good!!
> 

There is nothing new about India exporting oil. But there is more to
it than that. India continues to be a *NET* importer of oil.
The oil being exported is mostly from the latest finds off BOMBAY HIGH
and other recent discoveries. It is exported because the refineries
in India are not suitable for refining the oil found in the recent past.

India imports oil from the middle east for its own refineries.
-- 

Deepak S. Sabnis ...!{ihnp4,hplabs,amd,nsc}!amdahl!dss00    (408) 746-6058

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