| |
SERVICES |
| |
Consultancy |
 |
| |
Conferencing
Facility |
|
| |
Conservation
Activities |
|
| |
Advertisements |
|
| |
Safety
& Environment |
|
| |
Training
& Events |
|
| |
Market
Survey |
|
| |
Logistics |
|
|
|
|
|
| |
SECTOR
OVERVIEW |
| |
Refineries |
|
| |
Marketing |
|
| |
Conservation
Activities |
|
| |
Economic
Data |
|
| |
World
Oil Statistics |
|
| |
Railway
Key Data |
|
| |
Lube
Production |
|
| |
Conversions |
|
| |
|
|
|
|
|
|
| PARLIAMENT
QUESTIONS AND ANSWERS ON PETROLEUM SECTOR |
|
|
|
|
GOVERNMENT OF
INDIA
MINISTRY OF PETROLEUM AND
NATURAL GAS
LOK SABHA
UNSTARRED QUESTION NO 3335
TO
BE ANSWERED ON 24.08.2006
EXPLORATION OF GAS
IN K.G. AND P.M.T. OILFIELDS
|
3335.
|
SHRI SUGRIB SINGH
|
|
KISHANBHAI
VESTABHAI PATEL |
|
Will the Minister of
PETROLEUM AND NATURAL GAS be pleased to
state:-
(a) whether the government has signed any
field contract with various companies
exploring gas in Krishna-Godavari and
Panna-Mukta-Tapti oilfields;
(b) if so, the details along with the
terms and conditions thereof; and
(c) the steps/action taken by the
Government to ensure compliance of field
contract signed by these companies?
ANSWER
MINISTER OF STATE IN THE Ministry of
Petroleum &Natural Gas (SHRI DINSHA
PATEL)
(a): The Government has signed contracts
with several companies for exploration of
oil & gas in Krishna Godavari Basin,
which has resulted in gas discoveries. The
Government had also signed contracts for
development and production of Panna–
Mukta and Tapti fields in 1994.
(b): The Production Sharing Contracts for
exploration blocks in Krishna – Godavari
provide for payment of royalty and profit
petroleum share to the Government. Under
Panna – Mukta and Tapti field contracts,
the Contractor is required to pay royalty
and cess on crude oil and royalty on gas.
They also pay profit petroleum to the
Government as provided in the contracts.
In addition to above, the contractors are
allowed duty free imports of items
required for petroleum operations. They
have the freedom to sell oil & gas in
India and are subject to the laws of
India.
(c): Government, through Directorate
General of Hydrocarbons, monitors the
progress in terms of provisions of
respective Production Sharing Contracts.
|
|
If you are
interested to Know more about Petroleum Bazaar and its services e-mail us at director@petroleumbazaar.com
or Contact Us
Petroleum Bazaar .com India Pvt Ltd
104-108 Cinestar Compound
Trikamdas Road
Kandivali (West)
Mumbai-400067
Tel-091-022-28077450 , TeleFax -091-022-28017099
|
|
|
|
|
