POINT OF VIEW: DGH’s Sibal: India keen to attract foreign investment

India’s recent licensing rounds for oil, natural gas, and coalbed methane assets continue to attract international attention, partly due to the efforts of V.K. Sibal. Since assuming the role of director general at India’s Directorate General of Hydrocarbons (DGH) in 2004, Sibal’s efforts have been directed toward attracting investment in the country’s hydrocarbon resources.Trained as a geoscientist, and now head of the upstream oil regulating authority, Sibal is an enthusiastic champion for Indian oil and gas, noting the promising geological prospectivity and upside potential, yet very low drilling density throughout the country. Sibal points to India’s vibra...

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