Increasing Domestic Oil & Gas Supply: Path to reduce India's import dependence
Monday, October 14
12:25 pm - 01:10 pm
India has undertaken many policy initiatives in the last five years to enhance domestic oil & gas production. These include a new upstream contractual regime under the Hydrocarbon Exploration and Licensing Policy (HELP), award of exploration blocks under the Open Acreage Licensing Policy (OALP), award of discovered fields under Discovered Small Fields (DSF) bid rounds, bids invited for small & marginal nomination fields, marketing and pricing freedom, and others. What is the impact of these initiatives? How can India arrest production decline? What additional reforms are required? What can international companies do to grow domestic oil and gas production?
Vice President, Global Upstream Oil & Gas Insight
Executive Vice President, Technology
ExxonMobil Upstream Business Development Company
Vice President, Asia Pacific
Ajay Kumar Dixit
Cairn Oil & Gas - Vedanta Ltd.
Chief Executive Officer
Ministry of Petroleum & Natural Gas, Government of India