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Mahesh

01/04/22 11:41 AM IST

Hydrocarbon Exploration and Licensing Policy (HELP)

In News 
  • The Government notified Hydrocarbon Exploration and Licensing Policy (HELP) on 30th March 2016, wherein the contractual regime changed to Revenue Sharing Contract (RSC) from Production Sharing Contract (PSC), prevalent under New Exploration Licensing Policy (NELP). 
AIM 
  • The primary objective of the HELP is ease of doing business and operational freedom to Operators, so that the existing Hydrocarbon Resources are explored more effectively, leading to a reduction in import dependence and consequently savings. 
  • HELP regime accords a uniform license to investors to explore and extract all hydrocarbon resources - conventional and unconventional including Coal Bed Methane (CBM), Shale Gas/Oil, Tight Gas, Gas Hydrates etc. 
Source-PIB 

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