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Government to sign oil & gas field contracts on Monday

Government to sign oil & gas field contracts on Monday

Tuesday, March 21, 2017, 6:00 PM

The government will on Monday sign contracts for the 31 small discovered oil and gas fields it had auctioned in the first bid round in more than six years. State-owned oil firms IOC, BPCL and HPCL had cornered a third of the fields whose award was confirmed by the Cabinet last month. "Contracts with successful bidders will be signed on March 27."
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