Overhauled oil policy to apply from 4th bid round: DGH

Overhauled oil policy to apply from 4th bid round: DGH

12:08 AM
Junking two-year-old revenue bidding model for award of acreage for exploration and production of oil and natural gas, the Union Cabinet had in February approved a policy for awarding blocks based primarily on exploration commitment such as drilling of wells.

from Zee News :Business http://bit.ly/2WPTYnw
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