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Tag Archives: oil and gas industry

Government initiatives to increase Hydrocarbon Production

The government has been taking various steps to increase hydrocarbon production whichinter- alia include: Policy for Relaxations, Extensions and Clarifications under Production Sharing Contract (PSC) regime for early monetization of hydrocarbon discoveries, 2014. ii. Discovered Small Field Policy, 2015. Hydrocarbon Exploration and Licensing Policy (HELP), 2016. Policy for Extension of Production …

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