India launches eighth round of New Exploration Licensing Policy

Raghaw Sharan Pandey, Secretary of the Indian Ministry of Petroleum & Natural Gas, has launched the eighth round of New Exploration Licensing Policy (NELP-VIII).

Offshore staff

NEW DELHI -- Raghaw Sharan Pandey, Secretary of the Indian Ministry of Petroleum & Natural Gas, has launched the eighth round of New Exploration Licensing Policy (NELP-VIII).

NELP-VIII round offers 70 exploration blocks comprising of 24 deepwater blocks, 28 shallow water blocks, and 18 onshore blocks. These 70 blocks cover a sedimentary area of about 164,000 sq km (63,321 sq mi).

Of the offshore blocks, 28 shallow water and 24 deepwater blocks fall in Western, Eastern, and Andaman offshore.

04/16/2009

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