Last date for bidding for oil, gas blocks pushed back a month to 16 April

NEW DELHI : The government has pushed back the last date of bidding for the 11 oil and gas blocks offered in the 5th bid round by a month to April 16, the DGH said on Monday.

The 5th bid round under Open Acreage Licensing Policy (OALP) opened in January and was to close on 18 March.

“Bid closing date for the India OALP Bid Round – V is now 16 April 2020,” the Directorate General of Hydrocarbons (DGH) said in a tweet.

It did not give reasons for the postponement.

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