India's Hydrocarbon Outlook – 2022-2023

Shri Ajay Sawhney, IAS (July 2015 – March 2016) Shri Atanu Chakraborty, IAS (April 2016– June 2018) Dr. V P Joy, IAS (July 2018-December 2019) Shri S C L Das, IAS (January 2020 – till date ) Policy Implementation • Discovered Small Field (Marginal) Policy • Hydrocarbon Exploration and Licensing Policy • Policy for extension of Production Sharing Contracts • Exploration in Mining Lease Areas • Policy framework for development of Underground Coal Gasification in coal and lignite bearing areas in India Policy Implementation • DSF Bid Round-I (award of 30 fields) • Policy framework for early monetization of CBM • Pre-NELP Exploration Blocks • Site Restoration Guidelines for Petroleum Operations • Enhanced Recovery Policy • DSF Bid Round-II and OALP Bid Round-I Policy Implementation • DSF Bidding round II, OALP Bidding Round II, III & IV • Policy framework for exploration and exploitation of unconventional hydrocarbons under existing Contracts • Policy framework to promote and incentivize Enhanced Recovery methods for oil and gas • Amendment in the Definition of 'Petroleum' under clause (k) of Rule 3 of the Petroleum & Natural Gas Rules, 1959 Policy Implementation • Natural Gas Marketing Reforms, 2020 • DSF Bidding round III, OALP Bidding Round V, VI &VII • SCBM Bidding round 2021 • Discovery of market price for domestically produced natural gas through e-bidding Key Initiative • NE Hydrocarbon Vision 2030 • 10% Import Reduction by FY 2021-22 • Site Restoration Guidelines on Petroleum Operations Standing Committee on Petroleum Industry Practices • Marketing and Pricing freedom for new gas production from Deepwater, Ultra Deep water and High Pressure-High Temperature Areas Key Initiative • National Core Repository • NDR-Secondary Data Centre • Centre for Advanced Data Research Key Initiative • Dispute Resolution Committee • Notification of ER Committee for conducting screening of fields • Constitution of Enhanced Recovery Committee • Institute for conducting Screening of fields for implementing ER Methods Key Initiative • Andaman Offshore Survey Project, Appraisal of EEZ • Release of ‘No Go’ areas for E&P activity • Streamlining Environment clearance processes & Rationalization of Essentiality Certificate regime • Adoption of PRMS for Petroleum Reserves and Resource reporting • Investment Promotion Activities in E&P sector • Launch of Urja Pragati/ Upstream India portals 198