With government of India policies and new blocks on offer from DSF,OALP etc. ,what could be major implications for the oil and gas sector in India terms of the growth.
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I think its a smart move from government of India,By offering these small discovered fields they are allowing small/new companies to enter Indian petroleum industry without taking much risk and at the same time they are making sure that these small field in which major players are not interested get explored properly. This will help Indian oil and gas sector by making sure that each and every block get explored in profitable way,no matter how small or big it is.