Investors show confidence in India’s oil & gas sector
PetroFed and EYE ON have released the results of their one-month long investor index and market survey on ‘India’s Hydrocarbon Sector’ at the AnnualPetroFed Awards ceremony held at New Delhi.
Results show increased investor confidence in India’s oil & gas market and strong industry approval of recent policy reforms. The high profile survey shows 87% of investors have confidence in the country’s oil & gas market, with increasing trust in the industry’s potential over the medium to long-term.
Over 82.8% of respondents gave a positive rating for investment conditions today, and 92.3% project that investment conditions will be positive in the long-term. As per the survey results, the new government policies like Hydrocarbon Exploration and Licensing Policy (HELP) have been received very positively.
More: AnnualPetroFed Awards ceremony
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