(EnergyAsia, December 22) — PetroCanada said it has agreed to sell its oil and gas assets in Syria to a joint venture company owned by India’s Oil and Natural Gas Corporation (ONGC) Limited and the China National Petroleum Corporation (CNPC) for 484 million Euro (US$1=Euro 0.85). The sale is retroactive to July 1, 2005 and is…
INDIA: ONGC, CNPC to buy ‘mature’ Syrian fields from PetroCanada for C$676 million
Posted on December 22, 2005 by EnergyAsia