Title: “Natural gas reforms in India: analysis of the neoteric approach towards environment sustainability”
Título: “Reformas del gas natural en la India: análisis del enfoque neotérico hacia la sostenibilidad medioambiental”
Author: Raghava Parthasarathy, Research Scholar, Gujarat National Law University
Author: Prof. Sanjeevi Shanthakumar, Director, Gujarat National Law University
Fecha de recepción: 18/04/2024
Fecha de modificación: 13/05/2024
Fecha de aceptación: 22/05/2024
Doi: https://doi.org/10.56398/ajacieda.00370
Abstract:
Wars in Europe and Middle East has posed serious challenges for developing economies like India and other South East Asian nations in terms of energy fulfilment and energy security. Evolving policy approach of exploring other energy reserves has become imminent than ever before. The Government of India, accordingly, has approved the ‘Natural Gas Marketing Reforms’ with a major objective to move towards Gas-based economy. The consumption of natural gas in India presently is hovering around 6% gradually moving upwards. Whereas, the Government of India has set an ambitious target of reaching 15% by 2030.
The statutory framework in India for the upstream sector was established back in the year 1948 with Oilfields (Regulation and
