Govt mulls new policy to boost investment in oil and gas sector
The Petroleum Ministry will hold a meeting with chief secretaries of all north east states to finalize a hydrocarbon vision for the region. The Dollar Business Bureau One of the biggest challenges for the NE oil industry is to arrest the natural decline in production, which needs a state-of-the-art technology, says Ved Prakash Mahawar, Director (Onshore), ONGC Ltd The government is working on a special policy which is expected to boost investment in the oil and gas sector in the northeastern part of the country, a top official of the Petroleum Ministry said. Keeping in view the challenges being faced by the oil and gas sector in the north east, the ministry will hold a consultative meeting with chief secretaries of all north ...
