core sector communique

Committee on Production Sharing Contracts in Hydrocarbon Exploration – Invites Views

Dr Rangarajan Committee, set up to look into future Production Sharing Contracts in hydrocarbon exploration, has invited views on the issues being looked into by the committee. Interested persons or organizations may send their views not later than by July 31, 2012 and should send the same to the committee`s secretary, namely Joint Secretary (Exploration), Ministry of Petroleum & Natural Gas, Shastri Bhavan, New Delhi - 110 001. Notice inviting views has been posted on the website of the Economic Advisory Council (www.eac.gov.in). It may be recalled that the Government of India had recently constituted a committee under the chairpersonship of Dr. C. Rangarajan, Chairman, Economic Advisory Council to the Prime Minister, to look into the design of future Production Sharing Contracts in hydrocarbon exploration.