Nearly 85% of still to be discovered Oil & Gas (untapped as well)is really locked up in Oil fertile basins in the NORTH ARCTIC. Earlier one tries to set up ice-resistant platforms there the faster and richer one will become. Russia is already into this.
Its one of the govts best kept secret that a extremely corrupt man like Sudhir Vasudeva was appointed CMD of ONGC over other deserving candidates, but Why? Here's why: The people who lobbied for Vasudeva were all power brokers and middlemen with interests in bagging multi billion dollar contracts issued by ONGC. ONGC is littered with stories and documented proof of Vasudeva awarding and forcing ONGC employees to award multi billion and multi million dollar contracts to highly dubious contractors. These contractors in turn and providing money right upto the UPA chairerson sona gandhi, her political secretary ahmad patel, people in the PMO. Honest ONGC employees who have objected to Vasudevas corrupt ways have been threatened, transferred, mentally tortured, forced to take Voluntary retirement or have had false CBI & Vigilance cases invoked on them. For any media person who wants to expose the multi billion dollar contract scams in ONGC there is a goldmine of documented proof and information available. And at the centre of it all is Mr. Vasudeva who's job is facilitate these contracts and make money for the top echelons of the UPA govt. Needless to say Vasudeva himself is filling his own coffers too. And once ONGC has been milked dry by Vasudeva, his cronies and his 'bosses' the entire gargantuan infrastructure of ONGC, its huge assets etc. will all be sold for peanuts to Mukesh Ambani in the name of disinvesting a loss making defunct PSU.
will pay thro NOSE at CONGRESS behest and the money paid in DOLLARS will go to SWISS accoount of CONGRESSIS and that over few years they will make ONGC sick and will sell for peanots to some AMBANI AGRAWAL or similar character the money today gone in dollars will be used by them to bring FDI or thru FII or PE to buy ONGC this is what is going on since 2004 june
