{"id":381109,"date":"2020-10-29T08:51:04","date_gmt":"2020-10-29T03:21:04","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=381109"},"modified":"2020-10-29T09:33:41","modified_gmt":"2020-10-29T04:03:41","slug":"more-reforms-in-offing-to-lift-pvt-participation-in-energy-sector-oil-secy","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/more-reforms-in-offing-to-lift-pvt-participation-in-energy-sector-oil-secy\/","title":{"rendered":"More reforms in offing to lift pvt participation in energy sector: Oil secy"},"content":{"rendered":"<p>Oil Secretary Tarun Kapoor on Wednesday hinted at more reforms to raise the level of private participation in upstream oil and gas exploration and production, but remained non-committal on the industry&#8217;s demand for cutting levies to make the business attractive during a low price regime. <\/p>\n<p>Talking to reporters at the end of the India Energy Forum of CERAWeek, he said companies will have to learn to live with low prices. <\/p>\n<p>&#8220;There was a demand from various upstream companies for a reduction in cess and royalty. That was a demand that was there. To accept or not to accept is up to the government which takes a decision considering overall resource requirement (of the economy),&#8221; he said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil Secretary Tarun Kapoor on Wednesday hinted at more reforms to raise the level of private participation in upstream oil and gas exploration and production, but remained non-committal on the industry&#8217;s demand for cutting levies to make the business attractive during a low price regime. Talking to reporters at the end of the India Energy Forum of CERAWeek, he said companies will have to learn to live with low prices. &#8220;There was a demand from various upstream companies for a reduction in cess and royalty. That was a demand that was there. To accept or not to accept is up [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,169],"tags":[],"class_list":["post-381109","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-oil-gas-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/381109","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=381109"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/381109\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=381109"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=381109"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=381109"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}