Govt awards 52 oil and gas blocks under NELP-VI
By PTI |
Highlights
NEW DELHI: Government on Thursday approved award of 52 oil and gas blocks to various companies, with ONGC walking away with 24 blocks.
The Cabinet Committee on Economic Affairs has approved award of 52 blocks, Petroleum Minister Murli Deora said. Of the 24 blocks awarded to ONGC and its partner, 12 are in deep water, 10 onland and 2 in shallow water.
Finance Minister P Chidambaram said Reliance Industries will get seven deep water blocks, Oil India Ltd and its partners six, while Gujarat State Petroleum Corporation will get three.
The government had offered 55 exploration blocks under NELP-VI, but received bids for 52.
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