INDEX PART-I INTRODUCTION; 1.1 CONCEPTS; 1.1.1 Petroleum and Natural Gas; 1.1.2 Investment; PART-II INVESTMENT OPPORTUNITIES IN INDIA; Chapter -1 - ADMINISTRATIVE STRUCTURE; Chapter - 2 EXPLORATION; 2.1 New Exploration Licensing Policy VIII; 2.1.1 Bid Evaluation Criteria; i) Technical capability of the proposed Operator; ii) Financial capability of the bidding company/consortium; iii') Work program; iv) Fiscal Package; 2.2. Coal Bed Methane IV; 2.2.1 Bid Evaluation Criteria; i) Technical capability of the bidding company/consortium; ii) Financial strength of the bidding company/consortium; iii) Work programme; iv) Fiscal Package; v) Weightages; 2.3 Taxation of Petroleum and Natural Gas; i) Income Tax in Relation to PSC Participants; ii) Deductions; iii) Income Tax in relation to Service Providers and Suppliers; iv) Customs Duty; v) Excise Duty; vi) Royalty; vii) Deposits, License Fee, Dead Rent and Surface Rent; viii) Employees; Chapter - 3 – REFINING; Chapter - 4 – TRANSPORTATION; i. Transport on Land by Vehicle; ii. Transport by Water; iii. Coast wise transport of Petroleum Class A otherwise than in Bulk; iv. Transport by Pipelines; a. Petroleum and Natural Gas Regulatory Board Regulations; Chapter- 5 - MARKETING & DISTRIBUTION; PART-III INTERNATIONAL INVESTMENT OPPORTUNITIES; i. North America; ii. Central and South America; iii. Europe; iv. Eurasia - Erstwhile USSR countries and Russia; v. Middle East; vi. Africa; vii. Asia; PART-IV CONCLUSION & SUGGESTIONS; BIBLIOGRAPHY; ANNEXURES.