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Antony condoles the death of YSR Reddy
The Defence Minister Shri AK Antony has expressed profound grief and shock at the sudden and untimely demise of the Andhra Pradesh Chief Minister Dr. Y.S.R Reddy. In a condolence message, Shri Antony said he had known Mr Reddy from close quarters for many years. 'The nation has lost a man of the masses and the people of Andhra Pradesh have lost a true son of the soil', Shri Antony said. The Defence Minister has extended his heartfelt condolences to the family members of the departed leader and to the people of Andhra Pradesh.
SK/ /spandey
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Shri Anand Sharma condoles the demise of Shri Y.S.R. Reddy
The Union Commerce Minister Shri Anand Sharma has deeply mourned the tragic and untimely demise of the Chief Minister of Andhra Pradesh, Shri Y.S.R. Reddy.
The cultural programme and dinner scheduled for the WTO Ministerial meeting today has been cancelled as a mark of respect to the departed soul.
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MINISTRY OF PETROLEUM & NATURAL GAS
Petroleum Ministry achieves 100 day Agenda Targets
The Ministry of Petroleum & Natural Gas had identified following priority areas for the first 100 days of the new Government.
1. Pace of Oil and Gas exploration and production will be intensified
2. New Scheme of Rural LPG Distributor (Gramin LPG Vitarak)
3. Introduction of Smart Card for the beneficiaries of PDS Kerosene and Domestic LPG to check the leakage in their distribution
4. Pricing of Petroleum Products
5. Road map for extending city gas services
6. Acquisition of oil and gas assets abroad
The above set targets in the priority areas have been achieved in the 100 days. The details are as follows:
1. Pace of Oil and Gas exploration and production intensified:
The production of crude oil from Mangala Oil Field in Barmer, Rajasthan has commenced on 29.8.2009. The peak production will contribute about 25% of the total crude oil production in the country. It will also reduce crude oil import bill of
The Eighth bid round of New Exploration Licensing Policy (NELP-VIII) offering 70 blocks covering an area of about 1.64 lakh sq. km. & the Fourth bid round of Coal Bed Methane (CBM-IV) offering 10 blocks covering an area of about 5000 sq. km. were launched on 9.4.2009 and the bid closing date is 12.10.2009. The promotional road shows to attract investment in E& P Sector under NELP-VIII and CBM-IV were held at Mumbai on 8.8.2009 (participated by more than 500 delegates),
Petronet LNG Limited (PLL) has finalized gas sales agreement from
2. New Scheme of Rural LPG Distributor (Gramin LPG Vitarak) :
In order to increase rural penetration and to cover remote as well as low potential areas for all the locations having potential of 600 and/or less refill sales per month, a new scheme namely, 'Rajiv Gandhi Gramin LPG Vitarak Yojana (RGGLV)' for small size LPG distribution agencies has been approved by the Government on 6th August 2009.
3. Introduction of Smart Card for the beneficiaries of PDS Kerosene and Domestic LPG to check the leakage in their distribution
Government has given approval for launch of pilot projects in Pune,
4. Pricing of Petroleum Products
An Expert Group to advise on viable and sustainable system of pricing of petroleum products has been constituted to examine the current pricing policy of the four sensitive petroleum products namely, Petrol, Diesel, PDS Kerosene and Domestic LPG and to make recommendations for a viable and sustainable pricing policy for these products. Dr. Kirit S. Parikh, Former Member, Planning Commission is the Chairman of the Expert Group. The Terms of Reference of the Expert Group are as follows:
To examine the current pricing policy of the four sensitive petroleum products namely, Petrol, Diesel, PDS Kerosene and Domestic LPG and to make recommendations for a viable and sustainable pricing policy for these products. This may, inter-alia include:
a) Examination of the current taxation structure on the sensitive petroleum products, with particular reference to Petrol and Diesel and make recommendations to rationalize the taxes levied by the Central and State Governments.
b) Examination of the financial health of the Public Sector Oil Marketing Companies and to recommend ways of compensating them for their under-recoveries in case they are not permitted to charge market prices as a result of Government's intervention, in order to protect consumers.
c) Any other matter, which the Expert Group may consider necessary.
5. Road map for extending city gas services
A road map has been prepared by a Committee Chaired by Shri M.B.Lal, Member, Appellate Authority on Power & Petroleum for expanding the city gas distribution. The Committee has identified 202 cities/towns to be covered by 2015 in phases and the steps necessary for the same have been laid out.
6. Acquisition of oil and gas assets abroad
Cabinet Committee on Economic Affairs has approved OVL's investment in Satpayev Block in
7. In addition :
i. In line with Vision – 2015 which was finalized in Goa in June, 2009, for easy and efficient way of booking refills, Oil Marketing Companies (OMCs) have launched SMS/IVRS facility in
ii. In order to have a simple, unique and rememberable helpline for all customers across the country to air their complaints relating to marketing of petroleum products, the OMCs have launched on 31.8.2009 a common short code six digit Toll Free Number 155233 for registration of suggestions and complaints.
RCJ/100daysMoPNG /spandey
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