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Home > News > Exploration Policy Gives More Power to Energy Companies > Exploration Policy Gives More Power to Energy Companies

Exploration Policy Gives More Power to Energy Companies [1]

Permits operators to club discoveries of 2 or more blocks for optimum output

India’s proposed exploration policy seeks to give energy companies greater flexibility by eliminating the key role of the management committee headed by the director general of hydrocarbons in approving financial decisions. It also permits operators to club discoveries of two or more blocks for optimum output and allows continued exploration of oil and gas fields.

Publication Date: 
02/01/2014
Rajeev Jayaswal [2]
Economic Times (New Delhi) [3]
Tags:
India [4], Power Industry [5], Ministry of Petroleum and Natural Gas [6], Comptroller and Auditor General of India (CAG) [7], Oil and Natural Gas Corporation (ONGC) [8], Natural Gas [9], Energy [10]
Centre for Science and Environment
National Knowledge Commission Government of India

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Source URL: http://admin.indiaenvironmentportal.org.in/news/exploration-policy-gives-more-power-energy-companies

Links:
[1] http://admin.indiaenvironmentportal.org.in/news/exploration-policy-gives-more-power-energy-companies
[2] http://admin.indiaenvironmentportal.org.in/category/author/rajeev-jayaswal
[3] http://admin.indiaenvironmentportal.org.in/category/newspaper/economic-times-new-delhi
[4] http://admin.indiaenvironmentportal.org.in/category/thesaurus/india
[5] http://admin.indiaenvironmentportal.org.in/category/thesaurus/power-industry
[6] http://admin.indiaenvironmentportal.org.in/category/thesaurus/ministry-petroleum-and-natural-gas
[7] http://admin.indiaenvironmentportal.org.in/thesaurus/comptroller-and-auditor-general-india-cag
[8] http://admin.indiaenvironmentportal.org.in/category/thesaurus/oil-and-natural-gas-corporation-ongc
[9] http://admin.indiaenvironmentportal.org.in/category/thesaurus/natural-gas
[10] http://admin.indiaenvironmentportal.org.in/category/thesaurus/energy