Dr. C. Laxma Reddy

Directorate General of Hydrocarbons

Additional Director General (Exploration)

Dr. C. Laxma Reddy is an upstream Oil & Gas professional with more than three decades of diverse experience covering the entire gamut of E&P industry. Dr. Reddy holds a Master’s degree and a Ph.D in Applied Geology from IIT, Bombay, one of the most prestigious institutions of India. His close association with Board of Directors of ONGC on matters relating to E&P business early in his career, enabled him with board level understanding of the sector. During his tenure with GAIL he worked in Business Development and played critical role for its diversification in to Upstream Hydrocarbon sector. He was associated with MoPNG on:Review of development plans of fields and concurrent review of performance of all major Oil&Gas fields. As a member of Corporate War Room of ONGC,effectively monitored E&P status and various activities undertaken to achieve the goals & objectives of organization. Dr. Reddy in his present leadership role at DGH as Additional Director General (Exploration), is responsible for award of acreages, hydrocarbon resource assessment, National Data Repository, geophysical data acquisition, devising policies to apprise Indian sedimentary basins and monetize discoveries. In all these roles, he always follows a collaborative approach in executing varied responsibilities. Diversified field & corporate experience has helped him to equip himself with C-Suite qualities and positions himself in a leadership position in the E&P industry.

Sessions With Dr. C. Laxma Reddy

Thursday, 21 October

  • 05:30pm - 06:00pm (IST) / 21/oct/2021 12:00 pm - 21/oct/2021 12:30 pm

    India's Hydrocarbon Balance: Securing barrels

    Live Stream

    India currently imports about 85% of its crude oil demand. To curb its dependence on imports the Indian government has taken multiple steps to increase upstream investment, including offering open acreage through regular bid rounds. Upstream capex strategies of India’s national oil companies were geared to pursue production growth. In recent years, Indian NOCs also pursued the “go out” strategy through multiple acquisitions globally to diversify supply sources and grow their reserves. What strategies are necessary for India to offset decline in domestic production and reduce import dependence for oil and gas? How can production from mature fields be increased using new state of the art technologies? What changes are necessary in India’s hydrocarbon regulations to attract international investments when many companies are cutting their oil/gas capex? Which countries and regions offer the best opportunities for India to secure its hydrocarbon supply?