Thursday, 28 January 2016

Time for Innovative thinking to resuscitate India's E&P sector: Freeing gas prices is only the first stop

The global E&P industry is in turmoil. Projects are being shelved and layoffs are occurring across just about any industry connected with the E&P business.
8In this scenario India's deepwater gas discoveries have little chance of getting to the production stage even if gas prices were to be decontrolled today.
8The low landed price of LNG -- and a further decline in the near term on account of the glut in the market -- will dictate the ceiling price that offshore gas in India can..http://goo.gl/WNluOb

Click on the following links for more on this story:

Time for Innovative thinking to resuscitate India's E&P sector: The PSC has to be made more flexible

Time for Innovative thinking to resuscitate India's E&P sector: ONGC should deploy its Rs 53,000 crore KG Basin investment to pick up equity oil abroad

Time for Innovative thinking to resuscitate India's E&P sector:  How Dharmendra Pradhan can make big a difference to the Indian E&P sector

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