OIL AND NATURAL GAS
Oil and gas account for 41 percent of India’s energy consumption. The sustained economic growth in the country over the last five years has led to concurrent growth in energy demand across industrial, transportation and commercial sectors. The government has permitted 100 percent FDI in almost all areas of oil and gas sector that includes exploration and production (E&P), oil marketing, refining, and oil product pipelines.
Mining sector plays a crucial role in the industrial development of the country. FDI up to 100% is permissible through automatic route for coal and lignite mines. In the mining sector we provide strategic advice to private and public sector companies in India and to foreign companies on different ventures.
Our lawyers have in depth knowledge of mining laws including The Mines Act, 1952; The Mines Rules, 1955; Mines Rescue Rules, 1985; Coal Miness Regulations, 1957; The Oil Mines Regulations, 1984; The Minor Mineral Concession Rules, 1960.
OIL AND NATURAL GAS
We at Juris Axis provides full range of oil and gas transactions from upstream to downstream, including pipelines, liquefied natural gas (LNG), distribution networks, trading and petrochemicals. We assist our clients in development, mergers and acquisitions, joint ventures, privatizations, finance, tax, environmental or litigation work related to oil and gas transactions. We also advice foreign oil companies on establishing wholly owned subsidiary in India.
We draft and assist our clients in:
- Negotiating exploration and Production Sharing Agreements,
- Gas Transmission Agreements,
- Farm-in Agreements
- LNG Supply Agreement
- Pipeline Transportation Contracts
- Power Purchase Contracts
- Fuel Supply Agreements
- Shipping and Bulk Carriage Contracts
- Contracts for the Purchase and Leasing of Rigs and other drilling equipments
- Natural Gas Gathering and Processing Agreements
- Leasing agreements for mines etc.
We have assisted clients in negotiating, drafting and vetting agreements such as:
- Joint ventures for coal mining projects
- Coal import and marketing agreements
- Leasing agreements for mining and quarrying
- Sub contracting agreements
- Coal supply agreements
- Drilling contracts etc
We provide legal opinion on joint ventures and mergers and acquisitions in the mining sector and also conduct due diligence. We assist clients in obtaining approvals and consents from competent authorities. We also deal in employment and labour related matters in the mining sector. We draft and vet bidding documents relating to mining sector.