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India affords 32 areas in newest small oil, fuel discipline public sale

NEW DELHI: India on Thursday launched its third public sale of small found fields providing 32 contract areas with 75 oil and fuel discoveries, mentioned Anand Gupta, further director basic of the Directorate Normal of Hydrocarbons.
Of the 75 discoveries 54 are in shallow water, 2 in deepwater and 19 are on land, Gupta mentioned.
India, the world’s third greatest oil importer and client, needs to shortly monetise is oil and fuel assets.
Within the earlier two rounds India awarded 54 contract areas.

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