What are the policy changes the the petroleum ministry is grappling with at the moment
Dec 22: What are the other immediate policy changes that the petroleum ministry is currently grappling with? 8They are looking at a purchase preference policy for for local content in upstream, midstream and downstream oil & gas sector 8The ministry is also developing a system of “just in time” budgetary releases through extensive IT platform covering Centre, States and RBI. 8Expansion of Perform, Achieve and Trade (PAT) Programme, a regulatory instrument to reduce specific energy consumption to Refineries as a sector, is in the offing. 8Recommendation of Fuel Efficiency Norms for Heavy Duty Vehicles (HDVs) in range of 12-40 MT and Testing Method for this purpose is around the corner. Click on Reports for timelines set for these policies