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FDI Policy Paragraph 5.2.4
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Consolidated FDI Policy Circular of 2020

Paragraph 5.2.4 Petroleum & Natural Gas

Chapter
5 · Sector Specific Conditions on FDI
Text as on
As issued 15 October 2020; Press Notes since are not applied
5.2.4 PETROLEUM & NATURAL GAS
Sector/Activity % of Equity/ Entry Route FDI Cap Automatic 5.2.4.1 Exploration activities of oil and natural gas fields, 100% infrastructure related to marketing of petroleum products and natural gas, marketing of natural gas and petroleum products, petroleum product pipelines, natural gas/pipelines, LNG Regasification infrastructure, market study and formulation and Petroleum refining in the private sector, subject to the existing sectoral policy and regulatory framework in the oil marketing sector
and the policy of the Government on private 34 participation in exploration of oil and the Automatic discovered fields of national oil companies.
5.2.4.2 49%
Petroleum refining by the Public Sector
Undertakings (PSU), without any disinvestment or
dilution of domestic equity in the existing PSUs.
MANUFACTURING