MINISTER OF STATE IN THE MINISTRY OF PETROLEUM & NATURAL GAS (SHRI R.P.N.SINGH)
(a) to (e) As per Article 27.1 of Production Sharing Contract(PSC) under New
Exploration Licensing Policy(NELP), the Government of India is the sole owner
of Petroleum underlying the Contract Area and shall remain the sole owner of
Petroleum produced pursuant to the provisions of this Contract except that part
of Crude Oil, Condensate or Gas the title whereof has passed to the Contractor
or any other person in accordance with the provisions of this Contract. The
Honâble Supreme Court in Reliance Industries Limited âReliance Natural Resources
Limited (RIL-RNRL) case has also reiterated that all natural gas vests in the
Union of India by virtue of Article 297. However, in accordance with Article
371A of the Constitution of India, the Nagaland State Assembly on 26th July, 2010
had passed a Resolution that in respect of âownership and transfer of land and
its resourcesâ including mineral oil, no Act of Parliament shall apply to the
State of Nagaland, which shall make appropriate Rules to apply and enforce within
the State of Nagaland. In this regard, Ministry of Law and Justice, Government
of India is of the opinion that the term âland and its resourcesâ in Article 371
A would include mineral oil and their resources and the State of Nagaland would
have the power to frame its own laws regarding ownership and transfer of such
land and resources under Article 371A.