Investment-friendly regime in E&P sector is petromin mantra

Even as the last date for bidding for Nelp-VII has been deferred till May 16, owing to uncertainty over sops for the E&P players, the petroleum ministry has not given up just yet. The ministry, in its internal report, said focus would be given on increasing domestic production by attracting investments, both private and public, in the upstream sector. This would be done by involving the industry in formulating an investor-friendly E&P investment regime.