Steps being taken to increase indigenous oil, gas production
The Government is taking serious steps to increase the indigenous oil and gas production in the country.
According to official sources, during the tenure of the present Government forty-six new exploration licences covering an area of over 94,608 square kilometers have been granted to different companies. Two hundred and two wells have been spudded since June 2013.
Apart from conventional reserves, the Government is also making all out efforts to pave way for exploration of unconventional reserves like Tight gas, Shale Gas and Low BTU gas.