Government relaxes norms for isolated, small gas fields

Q.  Government on 28th December 2015 relaxed norms for _______ isolated gas fields.
- Published on 29 Dec 15

a. Small
b. Medium
c. Large
d. None of the above

ANSWER: Small
 
GoI has relaxed guidelines for small, isolated gas fields. Government has relaxed rules for sale of natural gas produced from small, isolated fields through waiving off time stipulation for fields in NE India. Oil ministry had in July 2013 allowed freedom for marketing gas produced from isolated small fields and also provided then with pricing freedom. Timeline of customers who can take supply within 90 days to be sold as gas has now been extended to one year.

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