June 25, 2018

Auction for Indian oil and gas fields postponed

The auction of at least 60 oil and gas fields under the Government of India’s Discovered Small Field (DSF) policy has been postponed till July. DSF-II was scheduled for launch around mid-June. The DSF policy, introduced in 2016, offers small discovered fields of state-owned Oil and Natural Gas Corp (ONGC) and Oil India Ltd (OIL) involving marketing and pricing freedom and lower taxes.

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