Up to 195 mt on offer in India’s next licensing round – oil minister

India will offer more than 195 mt of hydrocarbon reserves in its next licensing round, Oil Minister Dharmendhra Pradhan has said
By Staff reporter 15 May 2018 0 30859

India will offer more than 195 mt of hydrocarbon reserves in its next licensing round, First Post has quoted Indian Oil Minister Dharmendhra Pradhan as saying.

The reserves will be offered under India’s second discovered small oil and gas fields round, which will be launched soon.

The country is looking to attract investors from oil-rich Gulf states to help boost its stagnant hydrocarbon production. 

Talk to us
Natural Gas Daily welcomes your comments. Email us at comments@interfax.co.uk.