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PM to monitor sweeping reforms-V: Surplus E&P infrastructure will have to be shared; untapped discoveries to be recycled
Jun 29: The government will soon come out with regulations for mandatory sharing of surplus infrastructure in the E&P sector.
8This will be along the lines of the of ‘common carrier’ downstream infrastructure.
8Upstream infrastructure is often a challenge for E&P companies especially for smaller finds and for discoveries in offshore and difficult terrains.
8The availability of such infrastructure will have to be also taken into account while creating more duplicate of overlapping infrastructure.
8Upstream infrastructure is also often a challenge for E&P companies especially for smaller finds and for discoveries in offshore and difficult terrains. 
8The government claims that nearly 200 discoveries exist under the nomination and PSC regimes, which have not been put to production.
8The new mandate will be that these discoveries must be monetized or surrendered for re-cycling under OALP in the next 2-3 years.
8ONGC and OIL will be under immense pressure as a result to monetize them.
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