Indian ONGC wants to buy 10% in Vankorneft

The Indian company ONGC Videsh Ltd (OVL) is interested in acquiring 10% more in Vankorneft to increase its total stake in the project to 25%, the web-portal LiveMint reports, referring to sources, familiar with the situation.

The press centers of Rosneft and ONGC Videsh declined to comment. Executive director of ONGC Videsh Verma said that currently the companies agreed the share of 15%.

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