With an economy reliant on imports for 80 per cent of its crude oil and 50 per cent of its natural gas, India is focused on building a resilient, future-ready energy ecosystem, Hardeep Singh Puri, Union Minister for Oil & Natural Gas, has said. Launching the Open Acreage Licensing Policy (OALP) Round-IX and Special Discovered...
Tag: OALP
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Government signs OALP-1 for 55 gas and exploitation areas
The government will be signing Open Acreage Licensing Policy (OALP) round-1 contracts for 55 oil and gas exploitation areas.
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Cross-border trading in electricity would naturally benefit India
A veteran of India's energy sector, Prof Kirit Parikh chaired the committee that submitted the 2013 groundbreaking report on pricing methodology for diesel, domestic LPG and PDS kerosene.
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We Are Focused on Energy Transition in India
Nitin Prasad, Chairman, Shell Companies in India feels that the government is on the right track with its measures to attract international investments into the oil and gas sector. Speaking to INFRASTRUCTURE TODAY on the sidelines of FICCI's Business and Climate Summit, he also touched upon the British-Dutch multinational's India plans.
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India Needs to be Realistic on the Exploration Front
Speaking exclusively to INFRASTRUCTURE TODAY, Prof Kirit Parikh, Chairman Integrated Research and Action for Development (IRADe) and author of the seminal report on pricing methodology for diesel, domestic LPG and PDS, believes that though the federal dispensation is presently offering lucrative terms to investors in the oil and gas sector, it must also ensure that those commitments are adhered to.
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Exploring New Directions
With a view to analysing the Kelkar Committee Report on domestic fuel production, we critically consider certain recommendations in Part I of the Committee´s Report.