NEW DELHI (AFX) – Privatisation Minister Arun Shourie said the government will go ahead with the controversial sale of majority stakes in two major state-owned oil companies after months of uncertainty. He sparked an opposition lower-house walk-out by announcing details of the sales of Hindustan Petroleum Corp Ltd (HPCL) and Bharat Petroleum Corp Ltd (BPCL)….
INDIA: No time frame on oil company privatization
Posted on December 17, 2002 by EnergyAsia