(EnergyAsia, August 24) — The Indian government is preparing to issue oil bonds worth a total Rs280 billion to help compensate India’s oil marketing firms who Ð due to price regulations Ð are forced to sell product below cost. Proceeds from the sales will help the oil marketing firms close the gap between regulated…
INDIA: Government to issue bonds to help petroleum marketers
Posted on August 24, 2006 by EnergyAsia