India Hopes Gas Sales Dispute Won’t Dampen Interest in Bid Round

摘要

India has launched its biggest ever oil and gas licensing round, Nelp-8, keeping its fingers crossed that a dispute over its largest gas field does not keep foreign players at bay.Bids for the 70 exploration blocks are due by Oct. 12, with Oil Minister Murli Deora hoping that signs of economic recovery and a rebound in oil prices can help bring in $3 billion-$4 billion in investment.