Context: India is actively exploring vast offshore areas near the Andaman Islands, with early indicators showing potential for large-scale oil and gas reserves.
About Andaman Energy Exploration
- Andaman Basin is a new offshore energy hotspot.
- ONGC and Oil India Ltd are leading exploration under the Open Acreage Licensing Policy (OALP).
- Seismic surveys and drilling have shown strong signs of oil and gas reserves.
- Possible presence of multi-billion-barrel oil fields, similar to those in Guyana.
- The basin has complex geology, making it a high-risk, high-reward exploration zone.
- Aims to reduce India’s crude oil imports and boost energy self-sufficiency.
- Could contribute to India’s vision of becoming a $20 trillion economy.
- May spur economic growth, job creation, and development in Andaman & Nicobar Islands.
About Andaman & Nicobar Islands |
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Feature | Description |
Location |
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Capital | Port Blair (located in South Andaman) |
Major Islands | North Andaman, Middle Andaman, South Andaman, Little Andaman |
Major Channel | Ten Degree Channel separates the Andaman Islands from the Nicobar Islands |
Important Straits Nearby | Coco Strait (between North Andaman and Coco Islands of Myanmar) |
Highest Point | Saddle Peak (North Andaman) – 732 m |
Soil Type | Lateritic soil, alluvium in valleys |
Tectonic Zone | Part of the Alpine-Himalayan seismic belt; prone to earthquakes and tsunamis |
Protected Areas | Mahatma Gandhi Marine National Park, Mount Harriet National Park. |
Geological Origin |
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