New royalty regime approved by the cabinet Vol 6, PW 24 (12 Feb 03) News in Brief New royalty rates approved by the cabinet on 4th February are applicable to pre-NELP contracts by national oil companies and private producers from small, discovered fields.... Buy this article forRs590 $9 For a 30-article or annual subscription rates click here RelatedNELP terms to be replaced by something better (13 Feb 14) Cost recovery in future NELP rounds abolished (12 Jul 12) Nagaland not yet ready with new PEL rules (11 Mar 10) Cabinet expected to look at subsidised gas pricing (04 Jun 09) Less promising outlook for ONGC royalty payments (21 May 09) Cabinet approves more oil royalty for states (12 Feb 03) Expect to pay 20% royalty on a tonne of crude (14 Aug 02) Mauskar submits crude oil royalty panel report (16 Jan 02) Defeat for Keshubhai Patel on royalty issue also (29 Aug 01)