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Ministry of Petroleum and Natural Gas
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About — Ministry of Petroleum and Natural Gas
The Ministry of Petroleum and Natural Gas (MoP&NG) is the Indian cabinet department that formulates policy and regulates exploration, production, refining and distribution of petroleum and natural gas. Its decisions affect energy security and revenue; for instance, the 2016 New Exploration Licensing Policy opened 1,500 blocks to private and foreign firms, attracting over $30 billion in investment.