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Plan panel chief expects nod for several oil and gas blocks

Plan panel chief expects nod for several oil and gas blocks

Planning Commission Deputy Chairman Montek Singh Ahluwalia informed that the government may approve exploration in many of the 39 oil and gas blocks that await defence clearance in next two weeks. Agency reports indicate that officials from ministries of defence and petroleum have sorted out issues at majority of the 39 blocks

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Plan panel chief expects nod for several oil and gas blocks

Plan panel chief expects nod for several oil and gas blocks

Planning Commission Deputy Chairman Montek Singh Ahluwalia informed that the government may approve exploration in many of the 39 oil and gas blocks that await defence clearance in next two weeks. Agency reports indicate that officials from ministries of defence and petroleum have sorted out issues at majority of the 39 blocks

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CCI asks ministries to decide on 46 exploration blocks in a month

CCI asks ministries to decide on 46 exploration blocks in a month

Cabinet Committee on Investments (CCI), in its maiden meeting, urged the petroleum and defence ministries to resolve their differences on giving approval to the development of 46 oil and gas blocks in one month. It is learnt that delay in giving clearance by the defence ministry to these blocks has hampered investments of Rs 92,000