India approves purchase of 15% in Vankorneft by ONGC for $1.26 billion
Edited by Rhod Mackenzie / 2015-12-17 10:39:42
India's Cabinet has approved the purchase of 15% stake in Vankorneft by ONGC from Rosneft for $1.26 billion. The share in the project on development of the Vankor field will give ONGC 4 million tons of oil per year.