Monday, May 15, 2023

Proposed change to forest law will boost oil exploration

India's hydrocarbon exploration could be boosted by a proposal to amend the forest conservation law.The Forest (Conservation) Amendment Bill envisages seismic surveys would not be treated as a non-forest activity but explorers would be granted prompt access to forests, cutting time-consuming permit seeking. A seismic survey is the initial stage to determine evidence of economically viable hydrocarbon resources below the ground.

from Energy-Industry-Economic Times https://ift.tt/BTFZ9Ue

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