Political security or energy security?: ONGC's purchase of GSPC reserves
By: Shenoy, Bhamy V.
Material type:
ArticlePublisher: 2017Description: p.16-18.Subject(s): Oil and Natural Gas Corporation
In:
Economic and Political WeeklySummary: The Oil and Natural Gas Corporation's decision to buy 80% of Gujarat State Petroleum Corporation's interests in the Krishna Godavari basin for $1.2 billion could be a calculated gamble. While the deal has been criticised as a rescue operation to save GSPC from bankruptcy, this article attempts to take a more dispassionate look at it both from the angles of commercial interest and promoting Indiaﾒs energy security. - Reproduce
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Articles
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Indian Institute of Public Administration | Volume no: 52, Issue no: 5 | Available | AR114033 |
The Oil and Natural Gas Corporation's decision to buy 80% of Gujarat State Petroleum Corporation's interests in the Krishna Godavari basin for $1.2 billion could be a calculated gamble. While the deal has been criticised as a rescue operation to save GSPC from bankruptcy, this article attempts to take a more dispassionate look at it both from the angles of commercial interest and promoting Indiaﾒs energy security. - Reproduce
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