Tuesday 16 October 2012

India's ONGS Keen To Partner With Petronas In Its Ventures


India 's Oil and Natural Gas Corp Ltd (ONGC) is keen to partner with Petronas in its ventures in third-party countries, Minister in the Prime Minister's Department, Tan Sri Nor Mohamed Yakcop.

"They have expressed interest to work along with the national oil company, Petronas.

"We would look into it," he told Bernama after meeting India's Minister of Petroleum and Natural Gas, Jaipal Reddy, on the sidelines of PetroTech 2012 here today.

Also present were Malaysian High Commissioner to India Datuk Tan Seng Sung and Petronas' general manager, strategic research, corporate strategic planning division, Abd Rahim Mahmood.

ONGC's wholly-owned unit, ONGC Videsh Ltd, already has a partnership with Petronas in the downstream industry in India.

-- BERNAMA