ONGC group refineries will continue purchasing Russian oil as long
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New Delhi: ONGC Videsh’s $350 million dividend from Vankor field
ONGC group refineries will continue purchasing Russian oil as long as it is financially viable, chairman Arun Kumar Singh said on Friday. “As long as it’s economical, we will keep
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New Delhi: ONGC Videsh’s $350 million dividend from Vankor field remains stuck in Russia due to banking curbs as a result of Western sanctions on Moscow, even as ONGC chairman Arun Kumar Singh said the group’s refineries will continue to buy Russian oil. OVL MD Rajarshi Gupta expected a resolution of the ‘blockage’, which has prevented the company from repatriating $600 million Sakhalin-I ‘abandonment fund.’
ONGC group refineries will continue purchasing Russian oil as long
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