ONGC’s deal for acquiring 15 % of Stake in Vankor is cleared by Russia

ONGC’s deal for acquiring 15 % of Stake in Vankor is cleared by Russia

Moscow: The deal of India’s ONGC wherein it would acquire a Fifteen Per Cents of Stake in the Vankor Oil field for $ 1.3 Billion from Rosneft, is approved by the Russian Government, as stated in the reports. It is notable that the Vankor Oil field is generating around 4.4 lakh barrels of Oil per day. Thus, the India’s major would have this deal as one of the greatest one. However, it was also shown earlier in the reports that the India’s major- Oil and Natural Gas Corporation Limited- ONGC…

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