Business Standard

Centre to relax rules, fast-track new measures for oil & gas exploration

More processes to be brought under the self-certification framework while clearance portal is being upgraded

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Photo: Bloomberg

Subhayan Chakraborty New Delhi
In its bid to achieve the target of having 1 million square kilometers under exploration by 2030, the Centre is planning to expedite a bevy of measures being introduced to make oil and gas exploration easier for companies.

"We are committed to providing pre-approved clearances of blocks, permitting self-certification to cut the application process and granting companies the freedom to carve out operational areas from within the blocks. Work on many of these issues have been ongoing, but we are constantly monitoring the clearance process and will further expedite it," an official with the ministry of petroleum and natural gas

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