New Market Research Report: India Oil & Gas Report Q4 2013
The end of Q2 2013 marked a turn in India's gas market. With the government approving the gas pricing formula proposed by the Rangajaran Committee, we now expect higher production and exploration activities in the country. Reliance Industries already announced new investments to ramp-up production from its KG-D6 field by 2020. Increases in gas prices will also curb consumption, reducing future risks of energy shortages that we have highlighted previously. This positive development for the upstream sector may not be...
View full press release