In a significant decision, the Prime Minister’s Office (PMO) has directed the Petroleum and Natural Gas Ministry to carry out a revamp of the Directorate-General of Hydrocarbons (DGH) within three months with focus on strengthening its technical, legal and financial aspects to make it a world class body for better negotiation and monitoring capabilities.

The decision to strengthen the DGH comes in view of the increasing number of production-sharing contracts (PSCs), cases of arbitration and other legal matters.