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Oil Exploration in Kochi Being Sabotaged: Reports

  • Efforts are on from some quarters to undermine the oil exploration programmes in the high seas off Kochi coast, reports say. According some sources gas was reportedly found in the drilling, which was conducted from 2009 to 2010 January. But the mission was suspended abruptly.

  • The exploration was halted after drilling 4000 meters. A further thousand meter drill would have resulted in obtaining natural gas and oil, according experts.Speculation by some companies that oil brought from outside the country will be more profitable must have led to the suspension of oil exploration in Kochi, sources say.In Nigeria oil was found after drilling 6000 meters.

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