Kelkar panel interim report on oil, gas production soon

New Delhi, Dec 2 : The Vijay Kelkar Committee tasked to prepare a roadmap for enhancing domestic production of oil and gas will present an interim report in the next few days, Petroleum Minister M. Veerappa Moily said Monday.

"I met Dr. Kelkar in Pune last week. He told me that he is finalising an interim report and may seek some more time for submitting the final report," Moily told reporters on the sidelines of the 21st Global Symposium here on "Linking Project Mindset to Nations Prosperity".

The government in March appointed a panel under economist Vijay Kelkar to prepare a roadmap for enhancing domestic production of oil and gas by 2030. The committee was given six months to submit its report.

India currently produces around 33 million tonnes of crude oil, while it imports about 80 percent of its oil needs, and around 50 percent of its natural gas requirements.

The Kelkar panel's brief includes suggesting "innovative resource mobilisation approaches for appraising the unexplored/partly explored acreages (oil and gas)".

The committee will also review institutional mechanisms for acquiring oil and gas assets abroad, as well as diplomatic and political initiatives for importing gas from neighbouring and other countries.

--IANS (Posted on 02-12-2013)

more-news headlines

Modi wrong person to handle Kashmir issue: K.C Tyagi

Enthusiastic voter turnout in North East reflects strong faith in democracy, peace

Delhi policeman rescues two minors from house on fire

Goa Congress unhappy with Karnataka unit over water dispute

Six killed in Kashmir road accident

Bihar mountain man's kin dies due to lack of medical care

40 children fall ill after eating ice-cream in Bihar village

EC launches voter awareness campaign with RED FM

Minor fire outside Delhi Metro station

Cloudy Saturday in Delhi, similar Sunday expected

CBI probe sought into Vadra's land deal

Two guerrillas arrested in Kashmir's Sopore

Quick Links: Goa | Munnar | Pondicherry | Free Yearly Horoscope '2014


Your e-mail:

Your Full Name:

Type verification image:
verification image, type it in the box


Back to Top