No Proposal to acquire GSPC by ONGC: Govt of India
November 23, 2016
New Delhi: The Minister of State (I/C) for Petroleum & Natural Gas Shri Dharmendra Pradhan informed the Rajya Sabha in a written reply today that there is no proposal to acquire Gujarat State Petroleum Corporation (GSPC) by ONGC. However, in one such area, namely, KG-OSN-2001/1, allotted to GSPC and its Joint Venture partners, GSPC has approached ONGC for framing out certain stake. Towards this a non-binding Memorandum of Understanding has been signed between ONGC and GSPC on 04th October, 2016.
PIB
Related Stories
Recent Stories
- IT searches at premises linked with Gopal Dairy and Riverview Hotel in Ahmedabad
- Bhai Shri Rameshbhai Oza on Lok Sabha polls 2024
- NHRCL shares video of latest progress update of bullet train project
- 9 wind speed monitoring systems to be installed in Gujarat for bullet train project
- Out on bail, Jaysukh Patel not allowed to enter Morbi
- Two migrant workers held for rape and murder of 11-year-old girl in Surat
- Meghraj observes bandh against withdrawal of BJP ticket to Bikhaji Thakor; Patil holds meeting