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India's Modi seeks energy security from Guyana and its vast oil deposits

  • Indian Prime Minister Narendra Modi sees Guyana as essential for India's energy security during his visit on Thursday.
  • Guyana's oil production is around 650,000 barrels daily, with plans to exceed one million barrels soon.
  • A memorandum of understanding was signed to enhance cooperation in hydrocarbon trade, though ExxonMobil must approve any crude supply to India.
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