(a) whether Indian Oil Corporation Limited propose to have an agreement with Malaysia for exploration of Oil in Kakinada, Andhra Pradesh;
(b) if so, the details thereof?
(c) the terms and conditions of the proposed agreement; and
(d) the quantum of natural gas likely to be available in the country by the said exploration?
MINISTER OF STATE IN THE MINISTRY OF PETROLEUM & NATURAL GAS AND MINISTER OF STATE IN THE MINISTRY OF PARLIAMENTARY AFFAIRS (SHRI SANTOSH KUMAR GANGWAR)
(a): Indian Oil Corporation Limited at present does not have any agreement with Malaysia for exploration of oil in Kakinada, Andhra Pradesh.
(b) to (d): Do not arise in view of reply to (a) above.