Investors show confidence in India's oil & gas sector

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PetroFed and EYE ON have released the results of their one-month long investor index and market survey on 'India's HydrocarbonSector' at the Annual PetroFed Awards ceremony held at New Delhi on Monday. Results show increased investor confidence in India's oil &gas market and strong industry approval of recent policy reforms. The high profile survey shows 87% of investors have confidence in the country's oil & gas market, with increasing trust in the industry's potential over the medium to long-term. Over 82.8% of respondents gave a positive rating for investment conditions today, and 92.3% project that investment conditions will be positive in the long-term. As per the survey results, the new government policies like Hydrocarbon Exploration and licensing Policy (HElP) have been received very positively.  The Annual PetroFed Oil & Gas Industry Awards for 2015 for excellence in performance in various categories were presented by Shri K.D. Tripathi, Secretary; Ministry of Petroleum & Natural Gas. The 15awards including special commendation given away were in 11 categories for performance during the financial year 2014-15.io

Daily Pioneer
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