Oil, gas block auction deadline extended for fourth time
The Hindu
India extends oil and gas block auction deadline for the fourth time, allowing investors more time to review new rules.
The Government has extended the deadline for submitting bids for India's largest oil and gas acreage offering for a fourth time, granting potential investors an additional three months, the Directorate General of Hydrocarbons said.
"Bid submission closing date for OALP Bid Round X (has been) extended till May 29, 2026," DGH said on its website.
While it did not give any reason for the extension, industry sources said this may have been done to give potential investors time to study the new liberalised rules framed following passage of the Oilfields (Regulation and Development) Amendment Bill.
The 10th round of Open Acreage Licensing Policy (OALP-X), which was launched in February during India Energy Week (IEW) 2025 in New Delhi, was originally scheduled to close at the end of July.
In late July, the deadline was extended to October 31 and again to December 31, 2025.
OALP-X bid deadline was then extended till February 18, 2026.
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