Iffco invites OIL, Gail for gas exploration - mydigitalfc.com

By
Viraj
on January 25, 2011 1:44 PM | | TrackBacks (0)
Iffco's offer came on the back of huge shale gas discovery it made in Neuquen basin in Latin America. The 100 trillion cubic feet (tcf) discovery was done in collaboration with Canada's Americas Petrogas Inc.

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The world's largest manufacturer of processed fertilisers has asked OIL and Gail to join hands on revenue and product-sharing model, the cooperative's managing director US Awasthi said in the capital on Monday. OIL and Gail officials will visit the site soon and carry out due-diligence survey. They will get back to us by mid-March, added Rakesh Kapur, joint managing director at Iffco. The company may also invite ONGC and Reliance Industries (RIL) to join hands for exploration.

Iffco invites OIL, Gail for gas exploration - mydigitalfc.com

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This page contains a single entry by Viraj published on January 25, 2011 1:44 PM.

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