Companies engaged in the oil and gas exploration in Gujarat will have to pay more for using the state’s waters. They will now be charged for all the offshore as well as onshore installations required in exploratory as well as transportation work, as per a new tariff model approved by the state maritime regulator. This means laying pipelines—sub-sea and on land—setting up single-point moorings (SPMs), installing rigs, production drilling platform and other structures used for petroleum exploration will be chargeable. At present, wharfage levied on cargo and in some cases, throughput charges, are the only fees that the companies pay to the government. The new tariff model has been worked out by Chennaibased National Maritime Authority. The charges would be collected on various heads that inc
Monday, August 11, 2008
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