The oil & gas sector has attracted foreign direct investments worth $ 1.18 billion in the past two financial years between April 2014 and March 2016, the government said in its ´achievement report´ for the petroleum sector.
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India expects foreign investment in petroleum sector
India expects foreign investment in the petroleum sector, Oil Minister Dharmendra Pradhan has said.
Govt’s regulation may push growth in oil & gas sector
The Union government shows signs of addressing the problems of petroleum sector. Investors, though selective, are turning bullish as the government appears to be moving towards market pricing of petro products, though total decontrol may be years away.