(EnergyAsia, June 25, Wednesday) — The Indian government said it will give tax breaks to local oil companies to encourage them to invest in additional oil refining capacity. Officials declined to reveal why the incentives will not be extended to private and foreign refiners. The scheme’s beneficiaries will be the state-owned companies like Indian Oil,…
INDIA: Only state oil companies to benefit from refining incentives
Posted on June 24, 2008 by EnergyAsia