NELP-V will see 6 deepwater blocks out of 20 offered

Vol 8, PW 18 (01 Dec 04) Exploration & Production
     

Advance information received by this report confirms that the government will auction 20 blocks under the NELP-V licensing round.

A source reveals that of the six deepwater blocks, two are in the Kerala Konkan basin, two in the Andaman-Nicobar region and one each in the Krishna Godavari and Mahanadi basins. Of the two shallow water blocks one is in the Cambay basin and the other in the Saurashtra basin.

Of the 12-onland blocks, three are in Rajasthan, two each in Gujarat and Assam and one each in Arunachal Pradesh, Uttar Pradesh, Tamil Nadu, Andhra Pradesh and Maharashtra. On 29th November NELP-V marketing consultants Indigopool and CWC Associates formally announced the dates and venues of the NELP-V roadshows: Delhi: 18 January 2005 London: 20-21 January 2005 Dubai: 24-25 January 2005 Houston: 31 January - 1 February 2005 Calgary: 3-4 February 2005Oil minister Mani Shankar Aiyar will lead the Indian delegation of oil secretary SC Tripathi; additional secretary MS Srinivasan; DGH chief VK Sibal; and joint secretary exploration Sunjoy Joshi.

Full details of the blocks on offer will be available from 23rd December 2004 at http://pull.xmr3.com/p/3725-372D/48163527/http-www.dghindia.org-.html or http://pull.

xmr3.com/p/3725-336D/48163528/http-www.indigopool.com-.html. Separately, Indias Consul General in Vancouver Dr.

George Joseph has offered to organise the NELP-V roadshow in Calgary, warning that marketing consultants Indigopool-CWC Associates might be overcharging. I have a lurking suspicion that consultants are less interested in ensuring maximum economy for the Government of India than Indian Consulates, writes Joseph.

To test this theory, I would greatly appreciate if you could let me know what rates for the hotel the consultant has proposed. We will see if we could better those.