... BUT TIES WITH SOME OLD RELIABLES ARE ALSO CHANGING

VENEZUELA

In the second half of 2017/18, India only imported 300,000 barrels oil from the country, a five-year low

KUWAIT

Oil imports slipped from 17.9 MT in

2014/15 to 11 MT in

2017/18

SAUDI ARABIA

Rapidly losing market share in India to aggressive OPEC rebels Iran and Iraq. Saudi Aramco committed to pick 50 per cent in Integrated Refinery and Petro-chemical complex.

MOZAMBIQUE

Development work at OVL-OIL Rovuma Area 1 gas field got nod after major delay