Lack of skilled manpower is another concern
The government can partly keep crude import bill and prices under control by supporting oil companies in acquiring rigs for exploration of domestic hydrocarbon sources, according to industry body Assocham said. Currently, 70 per cent of India's petroleum, oil and lubricant requirements are met through imports which might go up to 90 per cent by 2010, Assocham said in its paper on 'Indian Oil & Gas Sector: An Overview.'