Offtake(noun)
The removal of oil from a reservoir or supply.
Hindi meaning:निकासी
Synonyms: Abstraction, Water intake, Water inlet
Example: There are offtake agreements signed now for all three products and the shares were up sharply.
Trick to remember: Arabian countries me hamesha offtake chalta rehta hai kyunki vahan se throughout world fuel supply kiya jata hai









