Two Indian downstream oil companies have been offered a controlling stake in a proposed Rs 4 billion oil terminal at Navlakhi port in Gujarat state. (US$1=Rs46). The Dharamsi Morarji Chemical Company Ltd (DMCC) offered the stakes to Bharat Petroleum Corporation Ltd (BPCL) and Hindustan Petroleum Corporation Ltd (HPCL) as part of its plans to…
INDIA: Bharat Petroleum, Hindustan Petroleum offered controlling stake in oil terminal
Posted on November 22, 2004 by EnergyAsia