FDI upto 100 % is permitted under automatic route in oil exploration in both small and medium sized fields subject to and under the policy of the government on private participation in (a) exploration of oil and (b) the discovered fields of national oil companies.
FDI upto 100 % is permitted under automatic route on petroleum product marketing. FDI for this segment would be subject to the existing sectoral policy and regulatory framework in the oil-marketing sector.
FDI upto 100 % is permitted under automatic route for petroleum product pipelines subject to and under the government policy and regulations thereof.
FDI upto 100 % is also permitted for Natural Gas/LNG Pipelines with prior government approval.