GOVERNMENT OF INDIA
Ministry of Petroleum & Natural Gas
UNSTARRED QUESTION NO. 2707
TO BE ANSWEWRED ON 20th APRIL, 2010
Bidding of NELP-VIII
2707: SHRI RAJEEV CHANDRASEKHAR:
Will the Minister of PETROLEUM & NATURAL GAS be pleased to state:
(a) the outcome of the bidding of New Exploration Licensing Policy (NELPJ-VIII; and
(b) the expected increase in production from NELP-VIII blocks per year?
MINISTER OF STATE IN THE MINISTRY OF PETROLEUM & NATURAL GAS
(SHRI JITIN PRASADA)
(a) Under the eighth bid round of New Exploration Licensing Policy (NELP-VIIIJ. 70 blocks (24 deepwater blocks, 28 shallow water blocks, 18 onland blocks) were offered. 76 bids were received for 36 blocks. Out of 36 blocks, 34 blocks are likely to be awarded.
(b). The commercial production of oil/gas from the blocks awarded under NELP-VIII will depend on the successful exploration, discoveries made, their commerciality and implementation of Development Plan subsequently.