India is close to converting its commercial association with Middle East oil suppliers into a strategic relationship in which India will hold stakes in oilfields in the region for the first time ever, while Gulf companies can invest in oil infrastructure, refineries and petrochemicals, helping Indian consumers by increasing competition in the market, oil minister Dharmendra Pradhan said.
Latest posts by The Economic Times (see all)
- Power Producers Still Evaluating Coal India’s New Pricing Policy – January 19, 2018
- India Launches First Auction Of Exploration Blocks Under New Licensing Policy – January 19, 2018
- Keeping Close Watch On Petrol, Diesel Rates, Says Dharmendra Pradhan – January 19, 2018