Thursday, November 22, 2007

HPCL to invest US$4.5 bln by 2012 on exploration, gas marketing and petroch...

India's state-run refiner Hindustan Petroleum Corp Ltd. plans to invest about US$4.5 bln by 2012, including on exploration, gas marketing and petrochemicals. HPCL, which runs two refineries with a total capacity of 260,000 bpd, plans to invest about US$1 billion for exploration and production over the next five years.

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