Views of Pankaj Jain: “The inclusion of natural gas under GST remains the most important pending reform”
As India seeks to raise the share of natural gas in the overall energy mix, there is a critical shift in the oil and gas sector’s trajectory, from a phase dominated by rapid infrastructure creation […]
Overview: New policies to give impetus to the sector
The current oil and gas demand in the country outstrips supply by a wide margin, thus making a strong case for investment in exploration and production (E&P) as well as in infrastructure for transmission and distribution. […]
Key Statistics: Crude oil imports and refining capacity
Significant rise in oil imports Crude oil imports have grown at a CAGR of 5.34 per cent from 2000-01 to 2022-23. Imports have surpassed pre-pandemic levels, constituting 87 per cent of the country’s total imports […]