Bidding deadline for oil, gas blocks extended to June 19

The eleventh round under the Open Acreage Licensing Policy also sees an extended submission date. Both now close on June 19. This move aims to draw in foreign investors. Concerns over policy stability and resource prospects have previously deterred investment.

May 16, 2026 - 20:30
 0
Bidding deadline for oil, gas blocks extended to June 19
The eleventh round under the Open Acreage Licensing Policy also sees an extended submission date. Both now close on June 19. This move aims to draw in foreign investors. Concerns over policy stability and resource prospects have previously deterred investment.

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