Oil and gas rich Oman has expressed interest in acquiring a stake in Indian oil marketing companies Bharat Petroleum Corportion Ltd (BPCL) and Hindustan Petroleum corporation Ltd (HPCL). The Indian government, however, has been stopped in its track to divest its stake following a recent Supreme Court verdict suspending tNew Delhi’s privatisation programe. The government…
OMAN: Government keen to invest in India’s downstream oil companies HPCL, BPCL
Posted on October 7, 2003 by EnergyAsia