Government introduces new petroleum and natural gas rules
after close1 source ↓written by the desknot a recommendation
- and financial penalties
- 30 years
- plus
- ₹25 lakh
- per day
- ₹10 lakh
The government has implemented the Petroleum and Natural Gas Rules, 2025, aimed at enhancing investment and simplifying operations in the oil and gas sector. Key changes include a single petroleum lease for exploration and production, with tenures up to 30 years and financial penalties for violations set at ₹25 lakh plus ₹10 lakh per day for ongoing breaches. This regulatory overhaul is expected to boost operational efficiency and attract foreign investments.
Not investment advice. For informational purposes only.