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A small but significant step forward in India’s upstream progress. Energy Maharatna Indian Oil Corp Ltd has commenced first domestic production from the Jyoti-1 well in Block CB-ONN-2005/9 at the IUVL site in Gujarat on 14th Nov 2025. This revival marks a turning point where IOC is trying to... show more

Hardeep Singh Puri

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I join India’s energy fraternity in celebrating the 66th foundation day of Indian Oil Corp Ltd, India’s energy Maharatna and a leading OMC. In recent years, when global uncertainties and supply chain disruptions tested our resolve, IndianOil, along with other OMCs, ensured interrupted supply of fuel and LPG through difficult terrain and weather conditions to every region across the country. As India marches ahead to become the world’s third-largest economy under the decisive and visionary leadership of PM Sh Narendra Modi Ji, IndianOil is making significant contributions to India’s quest towards energy security and green transition by expanding refining capacity, scaling up city-gas networks, and investing in hydrogen, biofuels, and EV infrastructure to build a secure and sustainable energy future. On this IndianOil Day, I salute IOCians for their relentless service to the nation. They are the true energy behind India’s growth and aspirations. PMO India PIB India Ministry of Petroleum and Natural Gas #MoPNG ChairmanIOC #ViksitBharat

I join India’s energy fraternity in celebrating the 66th foundation day of Indian Oil Corp Ltd, India’s energy Maharatna and a leading OMC. In recent years, when global uncertainties and supply chain disruptions tested our resolve, IndianOil, along with other OMCs, ensured interrupted supply of fuel and LPG through difficult terrain and weather conditions to every region across the country. As India marches ahead to become the world’s third-largest economy under the decisive and visionary leadership of PM Sh Narendra Modi Ji, IndianOil is making significant contributions to India’s quest towards energy security and green transition by expanding refining capacity, scaling up city-gas networks, and investing in hydrogen, biofuels, and EV infrastructure to build a secure and sustainable energy future. On this IndianOil Day, I salute IOCians for their relentless service to the nation. They are the true energy behind India’s growth and aspirations. PMO India PIB India Ministry of Petroleum and Natural Gas #MoPNG ChairmanIOC #ViksitBharat

Hardeep Singh Puri

11,263 görüntüleme • 11 ay önce

Greetings to the people of Goa on the occasion of Goa Liberation Day. My tributes to the indomitable valour & struggle of the heroes who challenged injustice and waged a spirited fight for freedom from oppression. With all round development and contribution in every sector of the economy, Goa continues to play an important role in the journey of Viksit Bharat. I look forward to the 4th edition of India Energy Week from 27-30 January 2026 when Goa will host energy ministers, leaders and captains of global energy sector at the brand new world class exhibition and conference venue at ONGC Advanced Training Institute. The event will spotlight India’s growing leadership in balancing energy access with decarbonisation goals, highlighting strategic investment opportunities, breakthrough technologies and enabling global partnerships that are shaping the next era of energy progress under the leadership of PM Sh Narendra Modi Ji. PMO India Ministry of Petroleum and Natural Gas #MoPNG Dr. Pramod Sawant IndiaEnergyWeek Oil and Natural Gas Corporation Limited (ONGC) Bharat Petroleum Engineers India Hindustan Petroleum Corporation Limited Indian Oil Corp Ltd Oil India Limited Petronet LNG Limited PIB India

Hardeep Singh Puri

17,704 görüntüleme • 8 ay önce

बधाई भारत! #ONGCJeetegaToBharatJeetega! As India powers ahead as the fastest growing economy under leadership of PM Narendra Modi Ji, our energy production is also set to rise from the deepest frontiers of #KrishnaGodavari “First Oil” production commences from the complex & difficult deepwater KG-DWN-98/2 Block, situated off the coast of Bay of Bengal. Production is expected to be 45,000 barrels per day & over 10 million cubic metres of gas per day, contributing towards an energy #AatmanirbharBharat This project is expected to add 7% to current national oil production & 7% to national Natural Gas production! PMO India narendramodi_in Ministry of Petroleum and Natural Gas #MoPNG PIB India Ministry of Information and Broadcasting Oil and Natural Gas Corporation Limited (ONGC) ONGC VIDESH Limited

बधाई भारत! #ONGCJeetegaToBharatJeetega! As India powers ahead as the fastest growing economy under leadership of PM Narendra Modi Ji, our energy production is also set to rise from the deepest frontiers of #KrishnaGodavari “First Oil” production commences from the complex & difficult deepwater KG-DWN-98/2 Block, situated off the coast of Bay of Bengal. Production is expected to be 45,000 barrels per day & over 10 million cubic metres of gas per day, contributing towards an energy #AatmanirbharBharat This project is expected to add 7% to current national oil production & 7% to national Natural Gas production! PMO India narendramodi_in Ministry of Petroleum and Natural Gas #MoPNG PIB India Ministry of Information and Broadcasting Oil and Natural Gas Corporation Limited (ONGC) ONGC VIDESH Limited

Hardeep Singh Puri

1,325,305 görüntüleme • 2 yıl önce

The energy of future. The future of energy. Green Hydrogen bubbles in India’s first ever indigenous alkaline electrolyser developed by Bharat Petroleum & @IndiaBARC which was displayed at #IndiaEnergyWeek2024 in Goa. The future of India’s green energy transition takes shape under the farsighted leadership of PM Narendra Modi Ji PMO India Ministry of Petroleum and Natural Gas #MoPNG Suressh Gopi PIB India Amitabh Kant FIPI IndiaEnergyWeek Ministry of Information and Broadcasting

The energy of future. The future of energy. Green Hydrogen bubbles in India’s first ever indigenous alkaline electrolyser developed by Bharat Petroleum & @IndiaBARC which was displayed at #IndiaEnergyWeek2024 in Goa. The future of India’s green energy transition takes shape under the farsighted leadership of PM Narendra Modi Ji PMO India Ministry of Petroleum and Natural Gas #MoPNG Suressh Gopi PIB India Amitabh Kant FIPI IndiaEnergyWeek Ministry of Information and Broadcasting

Hardeep Singh Puri

33,892 görüntüleme • 2 yıl önce

समुन्द्र मंथन के 50 साल भविष्य अब भी बेमिसाल! Mumbai High stands tall as a cornerstone of India's energy independence under visionary leadership of PM Narendra Modi Ji Joined our #EnergySoldiers in celebrating Oil and Natural Gas Corporation Limited (ONGC)’s milestone 50th Anniversary of the iconic offshore discovery! PMO India Ministry of Petroleum and Natural Gas #MoPNG Rameswar Teli Oil and Natural Gas Corporation Limited (ONGC) ONGC VIDESH Limited PIB India Ministry of Information and Broadcasting

समुन्द्र मंथन के 50 साल भविष्य अब भी बेमिसाल! Mumbai High stands tall as a cornerstone of India's energy independence under visionary leadership of PM Narendra Modi Ji Joined our #EnergySoldiers in celebrating Oil and Natural Gas Corporation Limited (ONGC)’s milestone 50th Anniversary of the iconic offshore discovery! PMO India Ministry of Petroleum and Natural Gas #MoPNG Rameswar Teli Oil and Natural Gas Corporation Limited (ONGC) ONGC VIDESH Limited PIB India Ministry of Information and Broadcasting

Hardeep Singh Puri

19,975 görüntüleme • 2 yıl önce

Big strides in energy revival! Oil production has successfully recommenced from the PY-3 Field in the Cauvery Basin, Eastern Offshore India, effective 23rd May 2025 by the operator, Hardy Exploration. Shriyai Field (PY-3) resumed production with 4100 barrels per day which is expected to rise to approx. 7500 barrels per day by FY 2028-29. The PY-3 revival underscores India’s capacity to for strategic energy asset optimization. Kudos to the team powering India’s #EnergySecurity! 🇮🇳🔋 #AtmanirbharBharat #OilAndGas Ministry of Petroleum and Natural Gas #MoPNG PIB India

Big strides in energy revival! Oil production has successfully recommenced from the PY-3 Field in the Cauvery Basin, Eastern Offshore India, effective 23rd May 2025 by the operator, Hardy Exploration. Shriyai Field (PY-3) resumed production with 4100 barrels per day which is expected to rise to approx. 7500 barrels per day by FY 2028-29. The PY-3 revival underscores India’s capacity to for strategic energy asset optimization. Kudos to the team powering India’s #EnergySecurity! 🇮🇳🔋 #AtmanirbharBharat #OilAndGas Ministry of Petroleum and Natural Gas #MoPNG PIB India

Hardeep Singh Puri

144,518 görüntüleme • 1 yıl önce

Under the leadership of PM Sh Narendra Modi Ji, India has built a resilient and diversified energy ecosystem capable of withstanding global uncertainties. Crude oil and natural gas imports have been strategically diversified across multiple regions, significantly reducing dependence on any single supplier. The govt has also demonstrated its ability to rapidly scale up LPG production during previous crises while steadily expanding the piped natural gas network, a long-term strategy that reduces reliance on LPG cylinders and strengthens India's energy security. At the same time, India's domestic oil and gas exploration and production are set to increase further as part of the Modi Government's vision of achieving greater energy self-reliance. With diversified sourcing, expanding domestic production, and a proven ability to respond effectively during periods of disruption, India is well positioned to navigate continued volatility arising from the situation in Iran under the steady leadership of PM Modi Ji. Ministry of Petroleum and Natural Gas #MoPNG PIB India Ministry of Information and Broadcasting NDTV NDTVindia

Under the leadership of PM Sh Narendra Modi Ji, India has built a resilient and diversified energy ecosystem capable of withstanding global uncertainties. Crude oil and natural gas imports have been strategically diversified across multiple regions, significantly reducing dependence on any single supplier. The govt has also demonstrated its ability to rapidly scale up LPG production during previous crises while steadily expanding the piped natural gas network, a long-term strategy that reduces reliance on LPG cylinders and strengthens India's energy security. At the same time, India's domestic oil and gas exploration and production are set to increase further as part of the Modi Government's vision of achieving greater energy self-reliance. With diversified sourcing, expanding domestic production, and a proven ability to respond effectively during periods of disruption, India is well positioned to navigate continued volatility arising from the situation in Iran under the steady leadership of PM Modi Ji. Ministry of Petroleum and Natural Gas #MoPNG PIB India Ministry of Information and Broadcasting NDTV NDTVindia

Hardeep Singh Puri

13,776 görüntüleme • 1 ay önce

Pehle Indian, Phir Oil! Even as the entire world suffered 40-70% fuel inflation during last 3 years, this spirit of IndianOil kept Indian citizens insulated from soaring global fuel prices, as PM Narendra Modi Ji didn’t want our citizens, specially the vulnerable ones, to suffer from crises of fuel availability, affordability and sustainability. On the momentous occasion of 65th IndianOil Day, I acknowledge the extraordinary contributions of IndianOil and wish the organisation continued success in its journey of excellence. As we march together towards Viksit Bharat under the leadership of PM Narendra Modi Ji, Indian Oil Corp Ltd stands tall as a beacon of nationalistic spirit, efficiency and cutting edge innovation, leading the global energy sector with pioneering solutions. This remarkable journey is a testament to the enduring legacy of India’s Oil & Gas industry & to the relentless dedication of nearly 30,000 IOCians and the six lakh-strong extended workforce who, through their indomitable spirit, ensure that India continues to march ahead towards becoming the 3rd largest economy! PMO India Ministry of Petroleum and Natural Gas #MoPNG ChairmanIOC PIB India Ministry of Information and Broadcasting Suressh Gopi FIPI IndiaEnergyWeek

Pehle Indian, Phir Oil! Even as the entire world suffered 40-70% fuel inflation during last 3 years, this spirit of IndianOil kept Indian citizens insulated from soaring global fuel prices, as PM Narendra Modi Ji didn’t want our citizens, specially the vulnerable ones, to suffer from crises of fuel availability, affordability and sustainability. On the momentous occasion of 65th IndianOil Day, I acknowledge the extraordinary contributions of IndianOil and wish the organisation continued success in its journey of excellence. As we march together towards Viksit Bharat under the leadership of PM Narendra Modi Ji, Indian Oil Corp Ltd stands tall as a beacon of nationalistic spirit, efficiency and cutting edge innovation, leading the global energy sector with pioneering solutions. This remarkable journey is a testament to the enduring legacy of India’s Oil & Gas industry & to the relentless dedication of nearly 30,000 IOCians and the six lakh-strong extended workforce who, through their indomitable spirit, ensure that India continues to march ahead towards becoming the 3rd largest economy! PMO India Ministry of Petroleum and Natural Gas #MoPNG ChairmanIOC PIB India Ministry of Information and Broadcasting Suressh Gopi FIPI IndiaEnergyWeek

Hardeep Singh Puri

40,307 görüntüleme • 1 yıl önce

India’s energy Maharatna Bharat Petroleum achieves a bold stride in offshore engineering which reflects India’s growing Aatmanirbharta in fuel logistics in our journey towards energy self-sufficiency under the visionary leadership of PM Sh Narendra Modi Ji. In a demanding inter-tidal zone, where tidal windows constantly shift and precision cannot falter, BPCL completed a 10-inch x 2.3 km Offshore Sea-to-Land Horizontal Directional Drilling (HDD) pull under the Mumbai-Rasayani Pipeline Project, marking one of India’s first offshore HDD crossings of this scale. This achievement reflects the energy PSU’s commitment to advancing technical capability, enhancing infrastructure resilience, and delivering complex projects with precision, safety, and operational excellence. Kudos to Team BPCL! PMO India PIB India Ministry of Petroleum and Natural Gas #MoPNG

India’s energy Maharatna Bharat Petroleum achieves a bold stride in offshore engineering which reflects India’s growing Aatmanirbharta in fuel logistics in our journey towards energy self-sufficiency under the visionary leadership of PM Sh Narendra Modi Ji. In a demanding inter-tidal zone, where tidal windows constantly shift and precision cannot falter, BPCL completed a 10-inch x 2.3 km Offshore Sea-to-Land Horizontal Directional Drilling (HDD) pull under the Mumbai-Rasayani Pipeline Project, marking one of India’s first offshore HDD crossings of this scale. This achievement reflects the energy PSU’s commitment to advancing technical capability, enhancing infrastructure resilience, and delivering complex projects with precision, safety, and operational excellence. Kudos to Team BPCL! PMO India PIB India Ministry of Petroleum and Natural Gas #MoPNG

Hardeep Singh Puri

18,050 görüntüleme • 6 ay önce

That's the huge dome roof of the Propylene Double Wall Tank being airlifted in place at Rajasthan Refinery Project at Barmer site. Total weight of the roof including suspended deck and balancing weights is a massive 435MT. This is how India's energy sector is shaping up for the future under the dynamic leadership of PM Narendra Modi Ji PMO India Bhajanlal Sharma Arjun Ram Meghwal Engineers India Ministry of Petroleum and Natural Gas #MoPNG Suressh Gopi PIB India Ministry of Information and Broadcasting Vartika Shukla Hindustan Petroleum Corporation Limited

That's the huge dome roof of the Propylene Double Wall Tank being airlifted in place at Rajasthan Refinery Project at Barmer site. Total weight of the roof including suspended deck and balancing weights is a massive 435MT. This is how India's energy sector is shaping up for the future under the dynamic leadership of PM Narendra Modi Ji PMO India Bhajanlal Sharma Arjun Ram Meghwal Engineers India Ministry of Petroleum and Natural Gas #MoPNG Suressh Gopi PIB India Ministry of Information and Broadcasting Vartika Shukla Hindustan Petroleum Corporation Limited

Hardeep Singh Puri

100,400 görüntüleme • 2 yıl önce

The India Growth Story which is resonating around the world is being confidently underlined by achievements of the energy sector particularly defined by the transition towards green fuels, thrust on exploration and production, augmenting capacities in both upstream & downstream segments and the focus on increasing natural gas in our energy mix from 6% to 15% under the dynamic leadership of PM Narendra Modi Ji. The growth in the number of LPG connections in the country during the Modi Decade has been spectacular. Till April 2014, with just little more than 14 crore LPG connections, spread largely around urban centres, about 44% households did not have access to LPG connections. Today, the country has more than 33 crore LPG connections including more than 10.33 crore #PMUjjwala connections transforming the lives of millions of our sisters & giving them clean & pollution free kitchens in both urban and rural areas of the country. We have achieved near saturation in terms of covering the households. PM-Ujjwala, which prioritises rural development, women empowerment, a healthy society, a clean environment, and social inclusion, has also expanded the distributor network system. In just a decade, the number of distributors in rural areas has grown by an impressive 83.46% while the bottling capacity has risen by 73.50%. This has also increased direct and indirect employment opportunities for the people around these installations. As India continues ahead on its impressive growth trajectory, the fruits of development are benefiting every section of the society. PMO India Ministry of Petroleum and Natural Gas #MoPNG Suressh Gopi PIB India GAIL (India) Limited Indraprastha Gas Ltd Indian Oil Corp Ltd Bharat Petroleum Hindustan Petroleum Corporation Limited FIPI Petronet LNG Limited IndiaEnergyWeek Oil and Natural Gas Corporation Limited (ONGC) ONGC VIDESH Limited Engineers India Numaligarh Refinery Oil India Limited

The India Growth Story which is resonating around the world is being confidently underlined by achievements of the energy sector particularly defined by the transition towards green fuels, thrust on exploration and production, augmenting capacities in both upstream & downstream segments and the focus on increasing natural gas in our energy mix from 6% to 15% under the dynamic leadership of PM Narendra Modi Ji. The growth in the number of LPG connections in the country during the Modi Decade has been spectacular. Till April 2014, with just little more than 14 crore LPG connections, spread largely around urban centres, about 44% households did not have access to LPG connections. Today, the country has more than 33 crore LPG connections including more than 10.33 crore #PMUjjwala connections transforming the lives of millions of our sisters & giving them clean & pollution free kitchens in both urban and rural areas of the country. We have achieved near saturation in terms of covering the households. PM-Ujjwala, which prioritises rural development, women empowerment, a healthy society, a clean environment, and social inclusion, has also expanded the distributor network system. In just a decade, the number of distributors in rural areas has grown by an impressive 83.46% while the bottling capacity has risen by 73.50%. This has also increased direct and indirect employment opportunities for the people around these installations. As India continues ahead on its impressive growth trajectory, the fruits of development are benefiting every section of the society. PMO India Ministry of Petroleum and Natural Gas #MoPNG Suressh Gopi PIB India GAIL (India) Limited Indraprastha Gas Ltd Indian Oil Corp Ltd Bharat Petroleum Hindustan Petroleum Corporation Limited FIPI Petronet LNG Limited IndiaEnergyWeek Oil and Natural Gas Corporation Limited (ONGC) ONGC VIDESH Limited Engineers India Numaligarh Refinery Oil India Limited

Hardeep Singh Puri

14,948 görüntüleme • 1 yıl önce

IndianOil welcomes the Union Cabinet's approval of #SamudraManthan—a landmark initiative to unlock India's offshore energy potential. With an approved outlay of ₹84,084 crore, the mission will accelerate offshore exploration, strengthen energy security and advance the vision of #AtmanirbharBharat. #EnergySecurity #ViksitBharat PMO India Narendra Modi Ministry of Petroleum and Natural Gas #MoPNG Hardeep Singh Puri Office of Hardeep Singh Puri Suressh Gopi @Secretary_MoPNG Neeraj Mittal IAS DGH

IndianOil welcomes the Union Cabinet's approval of #SamudraManthan—a landmark initiative to unlock India's offshore energy potential. With an approved outlay of ₹84,084 crore, the mission will accelerate offshore exploration, strengthen energy security and advance the vision of #AtmanirbharBharat. #EnergySecurity #ViksitBharat PMO India Narendra Modi Ministry of Petroleum and Natural Gas #MoPNG Hardeep Singh Puri Office of Hardeep Singh Puri Suressh Gopi @Secretary_MoPNG Neeraj Mittal IAS DGH

Indian Oil Corp Ltd

11,266 görüntüleme • 18 gün önce

ऊर्जा का महाकुंभ! एकता का महाकुंभ! As more than 65+ crore devotees converged at Triveni Sangam for a holy dip during #MahaKumbh2025, our energy sector OMCs played a role in ensuring uninterrupted energy supply. Energy Maharatna Indian Oil Corp Ltd alone provided energy to more than one lakh kitchens and maintained 123 retail outlets round the clock. The company also provided water, hygienic washrooms & essential amenities to help the devotees. Narendra Modi PMO India Yogi Adityanath CM Office, GoUP Government of UP Mahaakumbh 2025 Ministry of Petroleum and Natural Gas #MoPNG

ऊर्जा का महाकुंभ! एकता का महाकुंभ! As more than 65+ crore devotees converged at Triveni Sangam for a holy dip during #MahaKumbh2025, our energy sector OMCs played a role in ensuring uninterrupted energy supply. Energy Maharatna Indian Oil Corp Ltd alone provided energy to more than one lakh kitchens and maintained 123 retail outlets round the clock. The company also provided water, hygienic washrooms & essential amenities to help the devotees. Narendra Modi PMO India Yogi Adityanath CM Office, GoUP Government of UP Mahaakumbh 2025 Ministry of Petroleum and Natural Gas #MoPNG

Hardeep Singh Puri

11,556 görüntüleme • 1 yıl önce

Toiling for miles to bring smiles. Work in progress by GAIL (India) Limited for laying the Mumbai-Nagpur section of natural gas pipeline which is an integral part of the Mumbai-Nagpur-Jharsuguda project. This pipeline is a part of the National Gas Grid, designed to enhance energy distribution and availability across the country. Development of the National Gas Grid & a wide spread CGD network for connecting consumption centres with supply points will play a crucial role in India's transition into being a gas based economy in which the share of natural gas in our energy mix will increase from 6% to 15% by 2030 under the leadership of PM Narendra Modi Ji. PMO India Ministry of Petroleum and Natural Gas #MoPNG Suressh Gopi PIB India Ministry of Information and Broadcasting CMD, GAIL (India) Limited

Toiling for miles to bring smiles. Work in progress by GAIL (India) Limited for laying the Mumbai-Nagpur section of natural gas pipeline which is an integral part of the Mumbai-Nagpur-Jharsuguda project. This pipeline is a part of the National Gas Grid, designed to enhance energy distribution and availability across the country. Development of the National Gas Grid & a wide spread CGD network for connecting consumption centres with supply points will play a crucial role in India's transition into being a gas based economy in which the share of natural gas in our energy mix will increase from 6% to 15% by 2030 under the leadership of PM Narendra Modi Ji. PMO India Ministry of Petroleum and Natural Gas #MoPNG Suressh Gopi PIB India Ministry of Information and Broadcasting CMD, GAIL (India) Limited

Hardeep Singh Puri

15,215 görüntüleme • 2 yıl önce

India did the entire world a favour by buying Russian oil because if we had not done so, the global oil prices would have skyrocketed to $200/barrel. Russian oil was never under any sanctions and there was only a price cap, which Indian entities also followed. Let us not forget that while some ill informed commentators talked about putting restrictions on India, many other European and Asian nations bought much more crude oil, diesel, LNG, rare earth minerals worth billions of dollars from Russia. We will continue to buy energy from whoever offers the best rates to our oil companies. That’s the confidence of PM Narendra Modi Ji’s leadership. We need to ensure steady availability, affordability and sustainability of energy for our 7 crore citizens who visit a petrol pump everyday. That’s our top priority. India is the only major consumer where fuel prices has come down significantly in the last 3 years despite unprecedented global price increases in other nations. #PuriOnRussianOil PMO India Randhir Jaiswal Ministry of Petroleum and Natural Gas #MoPNG PIB India Ministry of Information and Broadcasting MyGovIndia FIPI Indian Oil Corp Ltd Bharat Petroleum Hindustan Petroleum Corporation Limited Indian Foreign Service Association OPEC International Energy Agency ADIPEC India in UAE India in Dubai World Economic Forum

India did the entire world a favour by buying Russian oil because if we had not done so, the global oil prices would have skyrocketed to $200/barrel. Russian oil was never under any sanctions and there was only a price cap, which Indian entities also followed. Let us not forget that while some ill informed commentators talked about putting restrictions on India, many other European and Asian nations bought much more crude oil, diesel, LNG, rare earth minerals worth billions of dollars from Russia. We will continue to buy energy from whoever offers the best rates to our oil companies. That’s the confidence of PM Narendra Modi Ji’s leadership. We need to ensure steady availability, affordability and sustainability of energy for our 7 crore citizens who visit a petrol pump everyday. That’s our top priority. India is the only major consumer where fuel prices has come down significantly in the last 3 years despite unprecedented global price increases in other nations. #PuriOnRussianOil PMO India Randhir Jaiswal Ministry of Petroleum and Natural Gas #MoPNG PIB India Ministry of Information and Broadcasting MyGovIndia FIPI Indian Oil Corp Ltd Bharat Petroleum Hindustan Petroleum Corporation Limited Indian Foreign Service Association OPEC International Energy Agency ADIPEC India in UAE India in Dubai World Economic Forum

Hardeep Singh Puri

62,187 görüntüleme • 1 yıl önce

Exploration and production of oil and gas are long-gestation, capital-intensive activities, but they are vital for strengthening India’s energy security and reducing import dependence. Answering a question in Rajya Sabha today, I explained the progress of the Ashok Nagar oil and gas project in West Bengal. The production sharing contract was signed in 2008, a discovery was made in 2018, and ONGC has already invested over Rs 1,000 crore. The Bengal Basin is estimated to hold about 240 million barrels of oil equivalent, with a cumulative production value of nearly Rs 45,000 crore. West Bengal alone stands to receive around Rs 4,500 crore from this project. Under the newly notified legislation, introduced as part of the energy sector reforms driven by Prime Minister Sh Narendra Modi Ji’s vision, there is now complete clarity on stamp duty and royalty payments, creating a transparent and balanced framework that benefits both the state government and the operator. With the provisional Petroleum Mining Lease granted in February 2025 and constructive engagement between the Centre, the state and all stakeholders, I am confident that production will begin soon. States that cooperate with exploration and production activities have already seen substantial revenue gains and with this project and future discoveries, West Bengal’s revenues will rise further, contributing to growth, employment and India’s energy security. PMO India Ministry of Petroleum and Natural Gas #MoPNG Oil and Natural Gas Corporation Limited (ONGC) Oil India Limited PIB India LOK SABHA SansadTV #EnergySecurity #ExplorationAndProduction #EnergyForGrowth #WinterSession

Exploration and production of oil and gas are long-gestation, capital-intensive activities, but they are vital for strengthening India’s energy security and reducing import dependence. Answering a question in Rajya Sabha today, I explained the progress of the Ashok Nagar oil and gas project in West Bengal. The production sharing contract was signed in 2008, a discovery was made in 2018, and ONGC has already invested over Rs 1,000 crore. The Bengal Basin is estimated to hold about 240 million barrels of oil equivalent, with a cumulative production value of nearly Rs 45,000 crore. West Bengal alone stands to receive around Rs 4,500 crore from this project. Under the newly notified legislation, introduced as part of the energy sector reforms driven by Prime Minister Sh Narendra Modi Ji’s vision, there is now complete clarity on stamp duty and royalty payments, creating a transparent and balanced framework that benefits both the state government and the operator. With the provisional Petroleum Mining Lease granted in February 2025 and constructive engagement between the Centre, the state and all stakeholders, I am confident that production will begin soon. States that cooperate with exploration and production activities have already seen substantial revenue gains and with this project and future discoveries, West Bengal’s revenues will rise further, contributing to growth, employment and India’s energy security. PMO India Ministry of Petroleum and Natural Gas #MoPNG Oil and Natural Gas Corporation Limited (ONGC) Oil India Limited PIB India LOK SABHA SansadTV #EnergySecurity #ExplorationAndProduction #EnergyForGrowth #WinterSession

Hardeep Singh Puri

18,560 görüntüleme • 8 ay önce

The future of energy sector takes shape under the leadership of PM Narendra Modi Ji. Once this JV 9 MMTPA Greenfield Refinery-cum-Petrochemical Complex in Pachpadra, Rajasthan is operational it will also produce more than 2.4 MMTPA of petrochemicals in addition to creating direct & indirect job opportunities. Mechanical completion scheduled for 31 March 2025. #EnergyMoments PMO India Hindustan Petroleum Corporation Limited CMD_HPCL Ministry of Petroleum and Natural Gas #MoPNG Suressh Gopi Arjun Ram Meghwal Bhajanlal Sharma

The future of energy sector takes shape under the leadership of PM Narendra Modi Ji. Once this JV 9 MMTPA Greenfield Refinery-cum-Petrochemical Complex in Pachpadra, Rajasthan is operational it will also produce more than 2.4 MMTPA of petrochemicals in addition to creating direct & indirect job opportunities. Mechanical completion scheduled for 31 March 2025. #EnergyMoments PMO India Hindustan Petroleum Corporation Limited CMD_HPCL Ministry of Petroleum and Natural Gas #MoPNG Suressh Gopi Arjun Ram Meghwal Bhajanlal Sharma

Hardeep Singh Puri

11,607 görüntüleme • 1 yıl önce