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India ushers in major upstream changes to revive oil and gas sector


India ushers in major upstream changes to revive oil and gas sector

Report summary

The Indian government finally acted to revitalise the upstream sector by approving a series of key policy changes on 10 March 2016. The changes, some of which have been under consideration for nearly two years, will introduce enhanced pricing for challenging gas projects, a simplified licensing regime with pricing freedom and improved clarity around contract extensions.  The moves come on the back of dropping gas output and dwindling IOC participation in the upstream space.

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Description

This Upstream Oil and Gas Inform report highlights the key issues surrounding this topic, and draws out the key implications for those involved.

This report helps participants, suppliers and advisors understand trends, risks and issues within the upstream oil and gas industry. It gives you an expert point of view to support informed decision making.

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