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India looking to rework subsidy sharing formula

India is considering reworking the subsidy sharing formula for Oil and Natural Gas Corporation (ONGC), the country’s largest oil and gas explorer, in a bid to lower its discount burden and boost the state-run oil company's profits, reports Oil Minister Dharmendra Pradhan.

News Item details


Journal title: Petroleum Review

Region: Asia-Pacific

Countries: India -

Organisation: Oil and Natural Gas Corporation

Subjects: Banking, finance and investment, Oil and gas

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