Minister of Petroleum and Natural Gas Hardeep Singh Puri on Thursday said that the country is undertaking a journey to achieve “Net Zero Carbon” by 2070 and for the transition to be stable, energy should remain accessible and affordable.
Puri said reforms in the hydrocarbon industry would help secure the energy future of Indian citizens.
He said that gas pricing reforms would incentivise investment in India’s exploration and production (E&P) sector by ensuring that gas production from new wells of nomination fields will receive 20 per cent higher prices.
