Lok Sabha Question No. 3871 (UNSTARRED), answered on 2018-03-19
Subject: Exploration and Production of Natural Gas
Ministry: PETROLEUM AND NATURAL GAS
Asked by: RAHUL RAMESH SHEWALE, SANJAY SHAMRAO DHOTRE, BHARTRUHARI MAHTAB

## UNSTARRED QUESTION No. 3871 TO BE ANSWERED ON 19 th  MARCH, 2018

## EXPLORATION AND PRODUCTION OF NATURAL GAS

3871.  SHRI RAHUL SHEWALE:

SHRI SANJAY DHOTRE:

SHRI BHARTRUHARI MAHTAB:

पेट्रोल ियम और प्राक ृ तिक गैस मंत्री

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

(a) the investment made by the domestic and foreign companies in exploration and production of natural gas, refineries and LNG re-gasification in the country during the current year, company-wise; and

(b) the extent to which the schemes/programmes implemented by the Government to attract domestic and foreign investment in the said sectors have been successful in achieving the desired results, Scheme/Programme-wise?

## ANSWER पेट्रोल ियम और प्राक ृ तिक गैस मंत्री (श्री धमेन्द्र प्रधान) MINISTER OF PETROLEUM & NATURAL GAS

## (SHRI DHARMENDRA PRADHAN)

(a): Oil  and  Gas  companies  -  domestic  and  foreign,  undertake  investment  in various streams of oil and gas sector. Company-wise details of the investment made by the Oil and Gas Public Sector Undertakings (PSUs) under Ministry of Petroleum and Natural Gas, are annexed. Cumulative investments made over the  years  by  domestic  and  foreign  companies  in  exploration  and  production activities under PSC regime uptill 2016-17 is USD 24523 million.

(b): Government from  time  to  time  has  been  taking  several  policy  reforms  to attract domestic and foreign investments in the oil and gas sector. The policies include, inter-alia, opening of markets to private sector for retail outlets, abolition of  administered  pricing  mechanism,  pre-NELP  and  NELP  rounds.  Discovered Small  Fields  Policy,  Hydrocarbon  Exploration  Licensing  Policy  (HELP),  and Open Acreage Licensing Policy (OALP), marketing and pricing freedom for the gas to  be  produced from  deep/ultra  deep  water/  HPHT areas, marketing  and pricing freedom for gas produced from CBM fields etc.

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ANNEXURE REFERRED TO IN REPLY TO PART (a) OF THE LOK SABHA UNSTARRED QUESTION NO.  3871  ASKED  BY  SHRI  RAHUL  SHEWALE, SHRI  SANJAY  DHOTRE  AND  SHRI  BHARTRUHARI  MAHTAB,  MPs REGARDING 'EXPLORATION AND PRODUCTION OF NATURAL GAS', TO BE ANSWERED ON 19 TH  MARCH, 2018.

Company-wise details of the investment made by the Oil and Gas Public Sector Undertakings  (PSUs)  in  exploration  and  production  of  natural  gas,  refineries and LNG re-gasification, during the current year.

| Name of the oil and gas PSUs                 |   Amount of Investment (April, 2017- December, 2017) Rs. in crore |
|----------------------------------------------|-------------------------------------------------------------------|
| Oil & Natural Gas Corporation Ltd.           |                                                          26497.8  |
| Gas Authority of India Ltd.                  |                                                           2039.51 |
| Hindustan Petroleum Corporation Ltd.         |                                                           3959.44 |
| Bharat Petroleum Corporation Ltd.            |                                                           4371.58 |
| Indian Oil Corporation Ltd.                  |                                                          12569.3  |
| Oil India Ltd.                               |                                                           7213.78 |
| Chennai Petroleum Corporation Ltd.           |                                                            648.25 |
| Numaligarh Refinery Ltd.                     |                                                            230.19 |
| Mangalore Refineries and Petrochemicals Ltd. |                                                            594.29 |