Reflecting Upon Inadequacies Of The Indian Environmental Regime Governing Exploration And Production(focus Oil and Gas Sector)

摘要

The energy demand is on rise with social and economic development in the country. Current hydrocarbon demand is much more than the domestic crude oil and natural gas production. To bridge the gap between energy supply and demand,it is imperative to accelerate the exploration and production activities in the country. Keeping in view the growing requirement of energy in the country,Government of India has adopted multi-pronged strategy for giving momentum to exploration and production in the country.The major steps taken in this regard are:(i)Offering of exploration blocks in Indian sedimentary basins through New Exploration Licensing Policy(NELP)now open acreage licensing Policy(OALP)through Hydrocarbon Exploration Licensing Policy(HELP).(ii)Acquisition of oil gas assets abroad(iii)Development of alternate sources of hydrocarbon such as-Coal Bed Methane(CBM)and Shale Gas(iv)Research & Development for new sources such as-Gas Hydrate(v)To carry out E&P operations in safe and environment friendly manner.