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India's new Oilfield Amendment Bill 2024 seeks to boost oil production by easing foreign investment rules.
India's new Oilfield Amendment Bill 2024 aims to attract more investors to the oil and gas sector by easing regulations, allowing 100% foreign participation, and removing financial barriers like signature bonuses.
It also introduces infrastructure sharing and a single permit system to streamline operations.
The goal is to boost domestic production, reduce import dependence, and enhance energy security while promoting sustainable development.
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La nueva Ley 2024 de enmiendas a los yacimientos petrolíferos de la India busca impulsar la producción de petróleo mediante la flexibilización de las normas de inversión extranjera.