Reasons to Invest

Natural Gas
Reserves of Natural Gas in India is 1339.57 BCM
CNG
10,000 CNG stations to be opened by 2030
Refinery
India currently has 23 refineries with a capacity of 249 MT; This is expected to grow by 77% to 439 MT by 2020

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Location Analysis

Location Analysis

Policy Advisory/Representation

Policy Advisory/Representation

Stakeholders Meeting

Stakeholders Meeting

Issue Resoution

Issue Resoution

Regulatory Clearance Facilitation

Regulatory Clearance Facilitation

INVESTOR QUERY

FDI Norms

100% FDI is allowed under the Automatic Route
FDI
100%

FDI Allowed

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Government Support

Draft CGD Policy
  • The new draft CGD Policy may reduce road taxes for gas-driven vehicles; Single Window clearance in states for CGD
  • Government of India plans to begin door-to-door delivery of Petrol, CNG and LNG, as is being done for Diesel by Mobile dispenser.
LNG approved as fuel for highway transportation
  • Government of India aims to reduce the GST on CNG run vehicles from 28% to 5%.  
  • The Ministry of Road Transportation and Highways, GoI has notified dual fuel usage (diesel as the primary fuel and CNG and Bio-CNG as the secondary) in the agricultural and construction equipment sector to promote the use of alternative fuels.
     

Export Scenario

Oil & gas
Exports of Petroleum products 4.5 Million Tonne (MT)
Oil & gas
India is the 4th largest LNG importer in the world, with 7% from Australia, 44% from Qatar, 15% from Russia and 34% from USA.
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Export

Product Profiles

Oil & gas
India has a Strategic Petroleum Reserves (SPR) capacity 5.3 MT across three locations - 1.3 MT at Vishakhapatnam in Andhra Pradesh; 1.5 MT at Mangaluru in Karnataka and 2.5 MT at Padur in Odisha
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Strategic Petroleum Reserves (SPR)

Gallery

Feb 22, 2021PM Modi dedicates various development projects in Assam
PM Modi dedicates various development projects in Assam
Feb 22, 2021PM Modi dedicates various development projec…PM Modi dedicates various development projects in Assam
PM Modi's address at laying of foundation stone of key projects of Oil & Gas sector in Tamil Nadu
Feb 18, 2021PM Modi's address at laying of foundation st…PM Modi's address at laying of foundation stone of key projects of Oil & Gas sector in Tamil Nadu

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Resources

Team Blogs

Budget 2021-22The Budget for the Aspirational “New India”
Feb 03, 2021
The Budget for the Aspirational “New India”

As India revives from the shackles of Covid-19 pandemic and…

Strategic Investment Research Unit (SIRU)
By:
Budget 2021-22Back to Growth: Union Budget 2021-22 announcement – Oil & Gas
Feb 02, 2021
Back to Growth: Union Budget 2021-22 announcement – Oil & Gas

While our government has kept fuel supplies running across…

Ashima Kohli
By:
FDI PolicyFDI Dashboard
Oct 16, 2020
Dashboard on 'Flow of Foreign Direct Investments from top 50…

  The investment climate in India has improved…

Invest India
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Invest India Timeline

2021
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PM Narendra Modi
UN declares ‘Invest India’ winner of Investment Promotion Award 2020

The United Nations Conference on Trade and Development (UNCTAD) has declared ... Visit Page

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