Poging GOUD - Vrij
Govt Eases Transfer of Stake for Oil & Gas Partners
Mint Hyderabad
|July 12, 2025
In a move aimed at improving operational flexibility and ease of doing business in India's upstream oil and gas sector, the Union government has approved a long-pending recommendation to allow transfer of participating interest (PI) among existing partners without requiring government consent—as long as there is no change in operatorship.
Participating interest means, in respect of each party constituting the contractor, the undivided share expressed as a percentage of such party's participation in the rights and obligations under the contract.
Dit verhaal komt uit de July 12, 2025-editie van Mint Hyderabad.
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