Foreign Direct

Investment In INDIA
-OIL AND GAS SECTOR
CONTENTS
 Introduction-FDI-Oil And Gas Sector
 Market Size
 Incentives
 Policy-DGH, NELP,OALP,CBM
 Investments
Abhishek Srivastava-09
 Achievements
Akash Kishore-15
Akshay Kumar-17
Aviral Srivastava-28
Harsh Singh-42
 Investment made by an organization/entity in one country in an
industrial/business activity in another country.
FDI….WHAT IT  Merger and establishing new business operations.
 Acquiring existing business assets in the other country.
IS-
 Govt. Adopted several policies to fulfil the increasing demand.
Introduction like-DGH,NELP,HELP
 Allowed 100 per cent Foreign Direct Investment (FDI).
  3rd largest consumer of Oil in World.
 Thousand Barrels Per Day-MBPD-4.69 from 4.56 (2017-2018)
Market Size-  Oil Import- Increased- US$ 87.37 billion in 2017-18 from US$ 70.72
billion in 2016-17. 
  Cut in excise duty of petrol from INR 7.50 per liter to INR 2.35 per
liter-2014 budget.
 subsidized land cost, the relaxation of stamp duty on sale/lease of
land, power tariff incentives, concessional rates of interest on
Incentives loans, investment subsidies and/or tax incentives, backward areas
subsidies, special incentive packages for mega projects.
 Exports Promotion Capital Goods Scheme, the import of capital
goods at a zero basic custom duty is allowed for export purposes
FDI in Oil And Gas
Sector In India
-2000-2011
  It was established in 1993 under the administrative control of the
Ministry of Petroleum and Natural Gas. Its objectives are to
promote sound management of the oil and natural gas resources
The Directorate with a balanced consideration for the environment, safety,
technological and economic aspects of the petroleum activity.
General of
 It has been entrusted with several responsibilities such as
Hydrocarbons implementation of the New Exploration Licensing Policy (NELP),
(DGH): dealing with production sharing contracts (PSCs) for discovered
fields and exploration blocks, promotion of investment in the E&P
sector and monitoring of E&P activities including review of
reservoir performance of producing fields.
  Till 1991-92, petroleum exploration -production ONGC and OIL.
NELP was approved in 1997 and it became effective in February,
1999
NELP NELP was formulated during 1997 by the Government of India, to
(New provide a level playing field for both the public and private sector
companies in exploration and production (E&P) of hydrocarbons.
Exploration licenses a competitive bidding system and National Oil Companies
(NOCs) are required to compete on an equal footing with Indian and
Licensing foreign companies to secure Petroleum Exploration Licences (PELs).
(with the first production sharing contract (PSC) getting signed in
Policy ) 2000)..
Nine rounds of bids –PSC for 254 exploration blocks have been
signed
  According to data provided in Department of Industrial Policy and
Promotion (DIPP), attracted FDI worth US$ 7.00 billion between
April 2000 and June 2018.
 Major investments and developments in the oil and gas sector:
 September 2018, the Government of Gujarat selected Energy
Infrastructure Limited (EIL), a subsidiary of the Netherlands-based
Energy Infrastructure Butano (Asia) BV, set up a Liquefied
Petroleum Gas (LPG) terminal at Okha investment of Rs 700 crore
(US$ 104.42 million).
Investment-  Saudi Aramco in refineries and petrochemicals in India as
strategic partnership with the country.
 Govt. tries to cut on oil import by 2022-10%
 Foreign will have opportunities to invest in projects worth US$ 300
billion in India,
 Oil and Natural Gas Corporation (ONGC) invest Rs 17,615 crore
(US$ 2.73 billion) on drilling oil and gas wells in 2018-19.
  emerging as the global hub for oil refining
 competitive cost advantage, with capital costs lower by as much
as 25 to 50 percent over other Asian countries.
Achievements  the fifth largest country in the world in terms of refining capacity,
(Global Refining India will increase its refining capacity by 45%/65.6 mtpa (million
tons per annum) –Destuche Bank Report
Destination)  During the first six months of 2008, an estimated 18 million tones
of petroleum products were exported.
 Employment ,BOP,
Thank You