Wednesday, July 02, 2008

Venezuela's PdVSA mulls 49% stake in IOC's Paradip refinery

Venezuela'sa national oil company PdVSA is iconsidering acquisition of 49% stake in IndianOil Corporation's 15 mln ton refinery at Paradip, Orissa. IOC seeks partners in the Rs 30,000 crore project too add some value to the project.

For more details on Venezuela's PdVSA mulls 49% stake in IOC's Paradip refinery click here

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