Essar Oil’s Vadinar refinery in Gujarat
India sees crucial role for oil as it eyes investment
Director general of Fipi oil and gas industry body optimistic on E&P success and foresees a doubling of refining capacity over next ten years
The Federation of Indian Petroleum Industry (Fipi) represents India’s oil and gas companies—including the state-owned giants that dominate the sector—in talks with the government and regulators. Fipi director general Gurmeet Singh spoke to Petroleum Economist about the outlook for India’s upstream and downstream. Gurmeet Singh, Fipi director general How do you see India’s upstream industry progressing? Singh: India's upstream is expected to develop in the coming years, as the country seeks to reduce its dependence on imports and increase its domestic production of oil and gas. India's upstream sector is primarily focused on meeting do
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The March 2026 issue of Petroleum Economist is out now!
