India Offshore Blocks Almost Set for Auction
According to a report on www.business-standard.com, the Petroleum Ministry in India is planning to offer up to 80 oil and gas blocks -- perhaps half of them offshore -- in another auction round this August under the New Exploration Licensing Policy (NELP).
The report said that in the previous six rounds, 162 oil and gas blocks have been awarded.
India Offshore Blocks Almost Set for Auction