Govt Wants More Oil/gas, But Hits Producers Hard

Govt Wants More Oil/gas, But Hits Producers Hard

With the government wanting to reduce oil/gas dependency by 10% by 2022 and 50% by 2050, you would think it would go out of its way to encourage investors by removing onerous levies—70% of all oil/gas profits go to the government—and by rolling out new sops.

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