India, March 10 -- The Government of India issued the following news release:
Government have taken various measures to reduce the dependency on imported crude oil and to promote domestic production of oil and gas which inter alia include:
* Policy under Production Sharing Contract (PSC) regime for early monetization of hydrocarbon discoveries, 2014.
* Discovered Small Field Policy, 2015.
iii. Hydrocarbon Exploration and Licensing Policy (HELP), 2016.
iv. Policy for Extension of PSCs, 2016 and 2017.
v. Policy for early monetization of Coal Bed Methane, 2017.
vi. Setting up of National Data Repository, 2017.
vii. Appraisal of Un-appraised areas in Sedimentary Basins under National Seismic Programme, 2017.
viii. Policy framework for ...