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New Delhi: The
government on Tuesday put 20 oil and gas exploration blocks
for bidding under the fifth round of new exploration licensing
policy. The 20 blocks on offer include six deep-water,
two shallow-water and 12 on-land blocks.
Addressing
a press conference here petroleum and natural gas minister
Mani Shankar Aiyar said, "Of the deep-water blocks,
two each are on the east and west coast and two in the
prospective Andaman area." The last date for bidding
is May 31.
Aiyar
said the fifth round had been launched in the backdrop
of huge oil and gas discoveries made by Reliance Industries
and Niko Resources Ltd in Krishna Godavari deepwater and
Cairn Energy at Barmer
in Rajasthan. To mount an effective promotional campaign,
the government has engaged the services of marketing consultants,
the consortium of IndigoPool and CWC Associates of the
UK.
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