A panel headed by Vijay Kelkar would prepare a roadmap for enhancing domestic production of oil and gas and sustainable reduction in import dependency by 2030. The Committee has to submit its report to the Government within six months, a statement from the Directorate-General of Hydrocarbons (DGH) said.
The committee would work out an institutional mechanism for appraisal of Indian sedimentary basins to the extent of 75 per cent by 2015 and 100 per cent by 2025.
In addition, it would review the mechanism to acquire acreages abroad for exploration and production as well as for pursuing diplomatic and political initiatives for import of gas from neighbouring and other countries with emphasis on trans-national gas pipelines.
DGH has sought the comments of various stakeholders on the above issues by April 19.