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ONGC to Pay Anadarko $2.64 Billion for Stake in Gas Field

2013-08-26 05:12:47| Telecom - Topix.net

ONGC Videsh Ltd., a unit of India's biggest energy explorer Oil & Natural Gas Corp., agreed to pay $2.64 billion to buy a 10 percent stake in a Mozambique gas field from Anadarko Petroleum Corp. The liquefied natural gas project "is strategically located to supply LNG to India at a competitive price," New Delhi-based ONGC said today in statement on ... (more)

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