(EnergyAsia, September 19 2012, Wednesday) — India’s total oil import bill surged more than 43% to a new high of 7,263.9 billion rupees in the last financial year to March 31 2012. (US$1=55 rupees). Officials blame the declining value of the rupee, increased oil prices and India’s growing fuel consumption for the record oil bill….
INDIA: Oil import bill up 43% to Rs 7,263 billion rupees in year to March 2012
Posted on September 19, 2012 by EnergyAsia