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India plans Aug auction of 80 oil blocks

India plans Aug auction of 80 oil blocks
PTI
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First Published: Wed, Jun 20 2007. 12 36 PM IST
Updated: Wed, Jun 20 2007. 12 36 PM IST
New Delhi: India is planning to offer 80 oil and gas blocks in a round of auctions that may be held in mid-August, the upstream oil regulator said on 20 June.
“We are still finalising the number of on-land and offshore blocks. Most likely, it is going to be 50:50,” the head of Directorate General of Hydrocarbon (DGH), V.K. Sibal, told reporters.
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First Published: Wed, Jun 20 2007. 12 36 PM IST