3. India has significant oil and gas reserves, particularly in the Krishna-Godavari, Mumbai Offshore, and Cambay basins. The country is currently the third-largest consumer of oil and the fourth-largest consumer of gas in Asia. However, India's domestic production of oil and gas is not sufficient to meet its demand, and the country imports a significant portion of its energy needs. In the future, India is expected to continue to rely on hydrocarbons for its energy needs, and the exploration and production of oil and gas will remain a key focus area for the country