According to Norwegian media, New Delhi, July 2 reported that India's economic survey recently released statistics show that as of April 1 this year so far, India's new exploration licensing policy to sell (Nelp) the total number of tenders have been as high as 10 billion U.S. dollars promise of exploration investment.
Nelp system in India since 1999 have been signed since the implementation of 203 production sharing agreement, so that India's domestic oil and gas exploration area has increased by 3 times.
Statistical data also shows that by 10 billion U.S. dollars of investment in exploration, has invested 5.2 billion U.S. dollars to develop new oil and gas found, for example, is located in Krishna - Godavari basin D6 block, as well as the company Cairn Energy Mangala Rajasthan was found.
Jul. 5, 2009
