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Oil Ministry holds investor meet for DSF-III, with 32 areas up for bidding

There are 75 oil and gas discoveries with 230 million tonnes of oil equivalent resources

Photo: Bloomberg
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Photo: Bloomberg

Twesh Mishra New Delhi
The Ministry of Petroleum and Natural Gas held an investor meet for the third round of Discovered Small Field (DSF) auctions. There are 75 oil and gas discoveries with 230 million tonnes of oil equivalent resources as 32 contract areas up for bidding in this round. This round was launched in June this year.

Speaking at the investor meet on Friday, Minister for Petroleum and Natural Gas, Hardeep Puri said, “India’s demand for energy will continue to grow.” He also invited foreign investors to participate in the domestic oil and gas sector.

Highlighting the demand potential in India, Puri said

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