Indian players see blocks revoked

Issue 143 - 19 Jul 2008 | 1 minute read

The federal government has reversed the award of three oil blocks – OPLs 226, 2005 and 2006 – to India’s Essar Exploration and Production and Sterling Global Resources during last year’s licensing round. ThisDay newspaper quoted a letter from Ministry of Energy (Petroleum) permanent secretary Sadiq Mahmood as saying neither of the firms had met the prequalification requirements for the 2007 bid round.

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