January 7, 2019 / 11:39 AM / 11 days ago

India offering 23 areas in new oil, gas exploration auction: oil secretary

NEW DELHI (Reuters) - India will auction 23 blocks in a third round of offerings under the open acreage licensing programme for oil and gas exploration concessions, the country’s oil secretary, M.M. Kutty, said on Monday.

Five of the 23 blocks to be auctioned will be for coal bed methane resources, he said.

Reporting by Nidhi Verma; Editing by Tom Hogue

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