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India offers ��Ƶ stake in second phase of strategic oil reserve

India has sought reasonable oil prices from ��Ƶ that will make crude economical to Indian state-owned refineries without hurting the ‘interest’ of the kingdom. (Reuters)

Updated 23 February 2018

Reuters

February 23, 2018 13:18

India offers ��Ƶ stake in second phase of strategic oil reserve

Updated 23 February 2018

Reuters

February 23, 2018 13:18

NEW DELHI: India has offered ��Ƶ a stake in the second phase of the south Asian nation’s yet-to-be-built strategic oil reserves, Oil Minister Dharmendra Pradhan said in New Delhi on Friday.
The government also discussed with ��Ƶ investment opportunities in a proposed oil refinery with 1.2 million barrels per day of capacity on the west coast of India and a petrochemicals project in the south of India, Pradhan said.
Pradhan said India has sought reasonable oil prices from ��Ƶ that will make crude economical to Indian state-owned refineries without hurting the ‘interest’ of ��Ƶ.