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Petroleum ministry invites suggestions on draft PNG rules
Union minister of petroleum and natural gas Hardeep Singh Puri urged industry leaders, experts, and citizens to share their feedback on the Draft Petroleum & Natural Gas Rules, the revised Model Revenue Sharing Contract (MRSC), and the updated Petroleum Lease format by July 17, 2025.
“We are bringing in a series of pathbreaking policy reforms to promote exploration and production,” said Puri.
These reforms, including the Draft Petroleum & Natural Gas Rules, 2025, will significantly enhance the ease of doing business for our E&P (exploration and production) operators, Puri added.
The consultation process for the draft rules will culminate at Urja Varta 2025 scheduled at Bharat Mandapam, New Delhi on July 17.
The Draft Petroleum & Natural Gas Rules, 2025, aim to modernise India’s upstream oil and gas framework with several major reforms.
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