Oil and gas is one of the key industrial sectors of India which contribute largely to the Indian economy. Recognizing this current administration has allowed 100% Foreign Direct Investment (FDI). By the year 2040 India’s oil demand is projected to reach 458 Million Tonnes of Oil Equivalent(MTOE) where as gas production is projected to grow from 23 Billion Cubic Meters(BCM) to 90(BCM). Following are some of the government initiatives for the oil and gas sector. The demand for petroleum products in the region are said to increase to 224,960 MT in the next 5 years from current demand of 186,209

Approval of 23 onshore and 8 off shore contracts
Investment of Rs. 720+ crore for Liquefied Petroleum Gas in UTTAR PRADESH alone
Govt investment of US$15 Billion to encourage use of bio fuel for transport.

How we contribute

Millenium consultants provides its prospective clients not only the opportunity to be awarded contracts but also technical and non core help in the sector such as

  • Downstream
  • Refineries
  • Refineries
  • Ridges
  • Onshore

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