Sir — As we know, after unveiling major reforms since the Bharatiya Janata Party came storming to power, Union Minister for Petroleum and Natural Gas Dharmendra Pradhan plans to overhaul the exploration policy to attract investors, spur energy output and revive the economy. Will it reverse the declining trend in oil and gas output in recent years, as the country looks to cut its dependence on importsIJ
Only a few of the 254 blocks auctioned under the nine rounds of New Exploration licensing Policy have reached the production stage. Will the new regime aim to inspire confidence in investors and stick to minimal Government interventionIJ Will domestic exploration and production of oil see a new beginning in IndiaIJ These are questions that we will have an answer to, in the coming months.