Essar Oil's Chandra On Implications Of India's Natural Gas Price Hike

The video discusses the current energy crisis, focusing on the oil and gas sector's response, investment plans, and market dynamics. It highlights OPEC's role in addressing energy shortages, particularly in Europe, and examines the impact of high energy prices on consumers and industries. The discussion also covers India's energy mix targets and future prospects, emphasizing the importance of gas as a bridge fuel. Finally, it details exploration activities and resource development in the unconventional gas sector.

What is the impact of skyrocketing energy prices on the upstream oil and gas division?

• It leads to reduced revenues.

• It results in record revenues.

• It causes operational shutdowns.

• It has no significant impact.

How does the regulatory environment in India affect the gas market?

• It has a mix of regulated and market-driven regimes.

• It prohibits foreign investments.

• It imposes strict price controls.

• It allows complete market freedom.

What is the expected outcome of the OPEC meeting regarding oil output?

• A complete halt in production.

• No change in output.

• An increase beyond 400,000 barrels.

• A decrease in output.

What is the concern regarding the shift back to dirtier fuels?

• It has no environmental impact.

• It is a permanent change.

• It is a short-term blip.

• It is a long-term trend.

What role does gas play in the energy transition?

• It is being phased out.

• It is not used in power generation.

• It is a bridge fuel.

• It is a primary energy source.

What is India's target for gas in its energy mix?

• 5%

• 10%

• 15%

• 20%

What is the exploration company's flagship project?

• Solar energy farms

• Coal seam gas fields

• Offshore drilling

• Wind energy projects