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Wolverine
09-04-2013, 03:11 PM
India may offer Iraq stake in upcoming Indian Oil refinery in Eastern India

09.03.2013 |

Indian Oil is building the refinery in the eastern state of Orissa with a processing capacity of 15 million tpy. It is expected to cost about 298 billion rupees ($4.38 billion), according to Indian Oil's website.

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By SAURABH CHATURVEDI and BIMAN MUKHERJI

NEW DELHI -- India may offer a stake to Iraq in state-run Indian Oil's upcoming refinery in eastern India as part of a long-term oil-supply arrangement with the Middle Eastern country, a senior government official said Tuesday.

see full story at:

http://www.hydrocarbonprocessing.com/Article/3250664/Latest-News/India-may-offer-Iraq-stake-in-upcoming-Indian-Oil-refinery-in-Eastern-India.html