Lok Sabha Question No. 762 (UNSTARRED), answered on 2016-11-21
Subject: Investment under NELP
Ministry: PETROLEUM AND NATURAL GAS
Asked by: KALIKESH NARAYAN SINGH DEO

## LOK SABHA UNSTARRED QUESTION NO.762

## TO BE ANSWERED ON 21 st  November, 2016

## INVESTMENT UNDER NELP

## 762. SHRI KALIKESH N. SINGH DEO:

## पेट्रोलियम और प्राक ृ लिक गैस मंत्री

## Will the Minister of PETROLEUM & NATURAL GAS be pleased to state:

- (a)      the  details  of  oil  and  gas  blocks  offered/allotted  to  State  owned  Public  Sector  oil companies and private companies under New Exploration and Licensing Policy (NELP) in the eighth and ninth round of auction, company-wise;
- (b)    whether  the  majority  of  investment  under  NELP has been made by Public Sector Oil companies or by private companies if so, the details thereof along with the steps taken by the Government to attract more investments from Public Sector oil companies;
- (c)    the number of foreign companies that participated in the last three rounds of auction and the reasons for the participation in the last round, company-wise; and
- (d)  the corrective action taken by the Government to boost participation in tenth round of auction by Public Sector oil companies?

## ANSWER

पेट्रोलियम और प्राक ृ लिक गैस मंत्रािय में राज्य मंत्री ( प्राार रन्त्िवत्र ( ) प्रााप्र ामेवध ीी )

## MINISTER OF STATE (I/C) IN THE MINISTRY OF PETROLEUM & NATURAL GAS (SHRI DHARMENDRA PRADHAN)

- (a):   Details of oil and gas blocks awarded to State owned Public Sector oil companies and private companies under New Exploration and Licensing Policy (NELP) in the eighth and ninth round of auction, company-wise are at Annexure

## (b):      The  details of  investment toward exploration and development activities under NELP made are as under

In Million US$

| Operator Type   |   Development |   Exploratory |   Grand Total |
|-----------------|---------------|---------------|---------------|
| PSU             |       1870.38 |      10211.4  |      12081.8  |
| Private         |       7822.22 |       4547.12 |      12369.3  |
| Foreign         |         19.68 |       1264.2  |       1283.88 |
| Grand Total     |       9712.29 |      16022.7  |      25735    |

In  order  to  attract  more  investment  in  E&P  sector,  Government  has  approved  a  new Hydrocarbon Exploration and Licensing Policy (HELP) for exploration and production of oil and  gas  which  replaces  existing  New  Exploration  Licensing  Policy  (NELP).  This  policy provides for a uniform licensing system to explore and produce all hydrocarbons such as oil, gas,  coal  bed methane, shale oil/gas,  etc.  under  a  single  licensing framework  Policy  also provides  many  incentives  such  as  reduced  royalty  rates  for  offshore  blocks,  marketing  & pricing freedom and easy to administer revenue sharing model

(c)  &  (d):    35  foreign  companies  participated  in  the  last  three  rounds  i.e  VII,  VIII,  and  IV rounds of bidding. NELP was introduced in 1997 to provide a level playing fields to Foreign, Private and Public  Sector Companies as well as to attract investments and technologies in E&P  Sector.  Under  NELP,  blocks  were  awarded  through  a  transparent  international competitive  bidding  process.  Government  has  notified  on  30th  March  2016,  a  new Hydrocarbon and Exploration Licensing Policy (HELP) in place of NELP.

*******

## Annexure-I of reply to Lok Sabha USQuestion No. 762 for Answer on 21.11.2016

|               |                                                     | NELP Round   | NELP Round   |             |
|---------------|-----------------------------------------------------|--------------|--------------|-------------|
| Operator Type | Operator                                            | NELP VIII    | NELP IX      | Grand Total |
|               | Bengal Energy International Inc.                    | 1            |              | 1           |
|               | BHP Billiton Pty. Ltd.                              | 3            |              | 3           |
|               | British Gas Exploration and Production (India) Ltd. | 1            | 1            | 2           |
|               | Cairn Energy India Pty Ltd.                         | 2            |              | 2           |
| Foreign       | Deep Energy Llc                                     |              | 3            | 3           |
|               | Foreign Total                                       | 7            | 4            | 11          |
|               | Focus Energy Ltd.                                   |              | 1            | 1           |
|               | Harish Chandra (India) Ltd.                         | 2            |              | 2           |
|               | Jay Polychem (India) Ltd.                           | 1            |              | 1           |
|               | Jubilant Oil & Gas Private Limited.                 | 2            |              | 2           |
|               | Pan India Consultants                               |              | 1            | 1           |
|               | Pratibha Oil and Natural Gas Pvt. Ltd.              |              | 1            | 1           |
|               | Prize Petroleum Company Ltd.                        |              | 1            | 1           |
|               | Sankalp Oil and Natural Resources Ltd.              |              | 1            | 1           |
| Private       | Esveegee Steel (Gujarat) Pvt Ltd                    | 3            |              | 3           |
|               | Private Total                                       | 8            | 5            | 13          |
|               | GAIL (India) Limited                                |              | 2            | 2           |
|               | National Thermal Power Corporation                  | 1            |              | 1           |
|               | Oil and Natural Gas Corporation Ltd.                | 14           | 5            | 19          |
| PSU           | Oil India Ltd.                                      | 2            | 3            | 5           |
| PSU Total     |                                                     | 17           | 10           | 27          |
| Grand Total   |                                                     | 32           | 19           | 51          |

## Annexure