Union Government launches new Hydrocarbon licensing regime

Posted on:30 Jun 2017 14:37:21
Union Government launches new Hydrocarbon licensing regime
30 June 2017 Current Affairs:

  • Union Petroleum Minister Dharmendra Pradhan introduced a new oil and gas block licensing policy that is expected to open up 2.8 million square kilometres of sedimentary basins to exploration and production activities.

  • The inauguration of the Government’s Open Acreage Licensing Policy (OALP) and the National Data Repository.


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