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India oil companies mull buying stake in Rosneft

NEW DELHI: Indian oil firms led by ONGC Videsh Ltd are mulling buying a part of the $11-billion stake that Russia is selling in its biggest oil firm Rosneft, petroleum

Published on: Jun 24, 2016, 06:02:59 IST
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NEW DELHI: Indian oil firms led by ONGC Videsh Ltd are mulling buying a part of the $11-billion stake that Russia is selling in its biggest oil firm Rosneft, petroleum minister Dharmendra Pradhan said on Thursday. Russia is looking to sell 19.5% of Rosneft, preferably to India and China.

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