The following Energy practice note provides comprehensive and up to date legal information covering:
This Practice Note contains a jurisdiction-specific Q&A guide to gas regulation in India published as part of the Lexology Getting the Deal Through series by Law Business Research (published: May 2021).
Authors: J Sagar Associates—Venkatesh R Prasad; Megha Arora; Sweta Singh
As per the data published by the Petroleum Planning and Analysis Cell, Ministry of Petroleum and Natural Gas (MoPNG), the gross production of natural gas in the country was approximately 31,184 million metric standard cubic metres (MMSCM) for the financial year 2019–2020. Of this, about 18,576 MMSCM was produced from offshore fields, about 10,549 MMSCM from onshore fields and about 2,049 MMSCM from fields operated by private companies or joint ventures. The national oil companies (NOCs), that is, Oil and Natural Gas Corporation Limited and Oil India Limited, produce about 84 per cent of the total domestic gas production from the nomination regime blocks (excluding joint venture share) (ie, blocks awarded until the late 1970s, wherein these blocks were only awarded to NOCs). Pursuant to liberalisation in the early 1990s, several sectors, including the domestic gas exploration and production sector, were opened for the participation of private players and foreign investors.
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Reserved judgmentsWhat is a reserved judgment?A court can reserve judgment by giving its decision at a later date in writing, after the trial or hearing (as opposed to an ex tempore judgment which is given by the judge orally straight after the hearing or trial). At the end of the hearing the judge
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