{"id":429565,"date":"2021-08-07T11:58:43","date_gmt":"2021-08-07T06:28:43","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=429565"},"modified":"2021-08-07T11:58:43","modified_gmt":"2021-08-07T06:28:43","slug":"govt-offers-21-oil-gas-blocks-in-oalp-6-auctions","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/govt-offers-21-oil-gas-blocks-in-oalp-6-auctions\/","title":{"rendered":"Govt offers 21 oil\/gas blocks in OALP-6 auctions"},"content":{"rendered":"<p>The Union government on Friday launched the sixth round of hydrocarbon blocks auction under the Open Acreage Licensing Programme (OALP), offering 21 blocks spread across approximately 35,346 square kilometres. Investments of around $300-400 million are expected from the round in these oil\/gas blocks.<\/p>\n<p>This will be the third round of OALP auctions after the Cabinet, in February 2019, amended the revenue-sharing model for hydrocarbon exploration and capped the government\u2019s revenue share at 50%. The deadline for bid submission is October 6.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Union government on Friday launched the sixth round of hydrocarbon blocks auction under the Open Acreage Licensing Programme (OALP), offering 21 blocks spread across approximately 35,346 square kilometres. Investments of around $300-400 million are expected from the round in these oil\/gas blocks. This will be the third round of OALP auctions after the Cabinet, in February 2019, amended the revenue-sharing model for hydrocarbon exploration and capped the government\u2019s revenue share at 50%. The deadline for bid submission is October 6.<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,195,138],"tags":[],"class_list":["post-429565","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-financial-express","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/429565","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=429565"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/429565\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=429565"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=429565"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=429565"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}