Oil and Gas Policies in India (Business Opportunities - Marketing & Sales)
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Item ID 3067346 in Category: Business Opportunities - Marketing & Sales
Oil and Gas Policies in India | |
Oil and Gas Policies in India National Oil and Gas Exploration Policy (2016) The National Oil and Gas Exploration Policy focuses on increasing domestic exploration and production to reduce India dependence on imported crude oil and natural gas. Key features include Open Acreage Licensing Policy (OALP) This allows companies to apply for exploration blocks at any time increasing the opportunities for exploration and production. The system is designed to provide flexibility and attract investment Revenue Sharing Model: Replacing the earlier Production Sharing Contract (PSC) model, this policy adopts a revenue-sharing model to simplify contracts and attract more private sector investment. Relaxation of Entry Barriers #OilandGasPolicies #Indianpetroplus | |
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| Target State: All States Target City : All Cities Last Update : 08 January 2025 5:11 PM Number of Views: 21 | Item Owner : Indianpetroplus Contact Email: Contact Phone: (None) |
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2025-01-09 (0.386 sec)