FIPI - Federation of Indian Petroleum Industry

Dr. R. K. Malhotra, DG, PetroFed proposing vote of thanks.

Hon’ble Minister delivering the concluding remarks.

Meeting in progress.

Hon’ble Minister presiding over the session along with other Govt. officials. (L-R) Shri U.P. Singh, CMD, Oil India; Shri K. D. Tripathy, Secreatary MoP&NG; Shri Dharmendra Pradhan, Hon’nle Minister of State(I/C), MoP&NG; Shri A. P. Sawhney, Additional Secretary, MoP&NG; Shri Atanu Chabraborty, Director General, Directorate General of Hydrocarbons.

27-May-2016

Meeting with Operators/Non Operators in PSC Regime

PetroFed organized a Meeting with Operators/Non Operators in PSC Regime under the aegis of MoP&NG on May 27, 2016 at New Delhi. The Hon’ble Minister has taken a number of path breaking initiatives to boost the growth of E&P sector. The latest was the launch of discovered small field bid round 2016 held on May 25, 2016 at New Delhi.

Under previous NELP regime, a number of issues arose while operationalizing the PSC contracts. In the meeting organized by PetroFed, the E&P operators/non-operators in India got an opportunity to interact with Hon’ble Minister, team from MoP&NG and DGH in a single platform on May 27, 2016.

The operators/ non operators mainly brought the issues of : Fiscal stability, Timely resolution of issues; Service tax on Royalty, Cash call, sharing of data etc. The Hon’ble Minister, Ministry official & DG, DGH assured to look into the matter to resolve the outstanding issues in a timely manner.

Meeting with Operators/Non Operators in PSC Regime

Dr. R. K. Malhotra, DG, PetroFed proposing vote of thanks.

Hon’ble Minister delivering the concluding remarks.

Meeting in progress.

Meeting with Operators/Non Operators in PSC Regime

Past Events