Energy Security A Study on contemporary Governance Policies of Oil and Gas Sector in India

Abstract

thesis compares the governance models of these countries and then offers the unified energy agency model as a possible solution for this problem. It takes a look at the various models of governance across the world, and the best practises followed in relevant international organisations, the relevant organisations and legislations in India; on the basis of these studies, it proposes a viable model for the unified energy agency, referred to as the National Energy Security Agency (NESA), which can be built on the existing ministries, agencies, funds and legislations in the country. The thesis also studies how this unified agency can possibly effectively address the various energy security problems like fuel subsidies, mergers and acquisitions, project implementation, oil assets abroad, international cooperation, inter-sectoral coordination, acquisition of new technologies etc. newline