Exploration & Production

Modi meets CEOs to discuss support for Indian oil and gas

India’s prime minister met with chief executives to discuss how India can increase its production and reduce its reliance on imports.
By Staff reporter 11 October 2017 0 27932

Narendra Modi, India’s prime minister, has held a meeting with the chief executives of BP, Rosneft, ExxonMobil, Saudi Aramco and Shell to discuss how India can increase its domestic oil and gas production and reduce its reliance on imports, according to First Post.

Suggestions that emerged from the meeting included putting gas and electricity within the framework of the Goods and Services Tax regime, which was implemented earlier this year and has standardised taxes across the entire country.

There are also...