India launches third round of oil and gas blocks under its OALP

India launches third round of oil and gas blocks under its OALP

Twenty-three blocks covering an area of 32,000 square kilometres were offered for bidding, out of which 5 are for extraction of coal bed methane.

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Reuters
  • Feb 11, 2019,
  • Updated Feb 11, 2019 8:09 AM IST

India on Sunday launched the third bidding round under its open acreage licensing policy (OALP), according to a government statement.

Twenty-three blocks covering an area of 32,000 square kilometres were offered for bidding, out of which 5 are for extraction of coal bed methane.

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India on Sunday launched the third bidding round under its open acreage licensing policy (OALP), according to a government statement.

Twenty-three blocks covering an area of 32,000 square kilometres were offered for bidding, out of which 5 are for extraction of coal bed methane.

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