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Santos awarded two deepwater blocks off Kolkata coast

New Delhi, Mar 21 (UNI) Australian energy major Santos was today awarded two deepwater hydrocarbon blocks -- D-22 and D-23 off the Kolkata coast after India and Bangladesh resolved the dispute over the exclusive economic zone (EEZ).

Dhaka had earlier claimed that the two blocks were in Bangladesh maritime areas.

It had said that part of the Indian EEZ overlaps with its EEZ and that the two blocks were within its territory. A country's EEZ extends to a distance of 200 nautical miles from its coast.

The blocks awarded to Santos under the sixth round of New Exploration Licensing Policy (NELP VI) are about 250 km southwest of Kolkata and 175 km from the Indian coast. Water depth ranges between 400 to 2,000 metres.

UNI

3 major crises face Bush on return to Washington

CRAWFORD, Texas, Aug 13: President George W Bush faced major security challenges on three fronts today as he prepared to return to Washington after a 10-day working vacation at his ranch.The fighting in southern Lebanon, concerns about whether there are still suspects at large in the British terror plot and the ongoing war in Iraq represented formidable issues facing the president.White House officials were under no illusions that a UN Security Council resolution reached on Friday night would.....
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