New Delhi: Every petroleum minister is threatened by import lobbies to derail domestic exploration efforts aimed at achieving self sufficiency, Petroleum Minister M Veerappa Moily claimed on Friday.

"Every minister who is occupying this (petroleum) position is threatened. There is bureaucratic delay and obstruction and also other lobbies that don't want us to stop imports," Moily told mediapersons.

However, "Moily cannot be threatened", said the minister. He said the country is "floating on a sea of oil and gas and we're not exploring it" because of "threats and obstructions".

Reacting to the revelation, Left Parties have hit out at Moily saying that the ministers is indicating that prices of natural gas is bound to go up in coming days.

This disclosure bears a huge significance in the wake of last year’s media reports that his predecessor S Jaipal Reddy was removed from the ministry as these forces had lobbied against him.


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