India's ONGC has lost the giant Kashagan oilfield to the Chinese after Kazakhstan blocked its $5 billion deal to buy US energy major ConocoPhillips' stake in the Caspian Sea oilfield.
The Security Council as it is today is unable to bring peace and security in the world and so there is reason for countries like India to become members of the Council, Ambassador Asoke Kumar Mukerji tells Sheela Bhatt/Rediff.com.