Indian ONGC declared about the sale of the first oil from “Azeri-Chirague-Guneshli”

Indian ONGC has put up for sale the oil from the Turkish Ceyhan from August this year for the first time after the acquisition of a share in a development project of “Azeri-Chirague-Cuineshli” oil-and-gas block of deposits, Reuters reports citing a spokesman for the company.

In early September 2012, American Hess agreed to sell its share in the Azerbaijani projects to ONGC Videsh. The sale was completed in spring 2013.

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