[lbo-talk] Indian corp ONGC eyes two Sudan oil exploration blocks

uvj at vsnl.com uvj at vsnl.com
Wed Nov 7 13:20:16 PST 2007


Reuters India

ONGC eyes two Sudan oil exploration blocks http://in.reuters.com/article/businessNews/idINIndia-30353120071106

Tue Nov 6, 2007

NEW DELHI (Reuters) - State-owned oil producer Oil and Natural Gas Corp is in talks to buy a 30 percent stake in Sudan's Block 8 from Malaysia's Petronas, as well as a second exploration block, officials said on Tuesday.

"ONGC has three blocks and they are on their way to joining a fourth," Sudan Oil Minister Awad Ahmed al-Jaz told reporters after meeting with Indian officials. http://in.reuters.com/article/businessNews/idINIndia-30353120071106



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