The domestic petroleum industry has sustained economic activities or projects that maintain epidemic-related Standard Operating Procedures (SOP)
New Delhi (Natural Energy News): Ministry of Petroleum and Natural Gas (MoPNG) said in a statement today that despite the impact of the Covid-19 pandemic, project activity has resumed in 8,363 oil and gas projects worth Rs 5.88 lakh crore in India.
The domestic petroleum industry has maintained a Standard Operating Procedure (SOP) relating to economic activities or projects al-epidemic, stating that Oil Minister Dharmendra Pradhan is conducting an in-depth review of all ongoing projects of oil and gas companies.
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"The petroleum industry has bent the problem into an opportunity and is attempting to work on an exploration mode to produce employment and restore development. Oil and gas units as a key role are working on a war footing And are already contributing to the green shoots of economic reforms. The oil and gas industry is visible through backward and forward linkages, "the ministry said.
It states that it consists of 25 major ongoing projects with an estimated cost of Rs 1.67 lakh crore and a capital outlay of Rs 7,131 crore.
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These projects of state-owned oil and gas companies and their joint ventures or subsidiaries include refinery projects, bio-refineries, E&P projects, marketing infrastructure projects, pipelines, CGD projects, drilling and survey activities.
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