Companies / India
ONGC Abandons Rajasthan Refinery Plans
July 2006 | Project NewsIn an apparent setback for the Cairn Energy-operated Rajasthan oil project, India's state-controlled Oil & Natural Gas Corporation (ONGC) is said to have placed on hold plans to build a 150,000 barrels per day (b/d) refinery near Barmer to handle crude oil produced in Rajasthan state, citing costs estimated at US$1.96bn.
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