Shenoy, Bhamy V. creator text xu| 2017 continuing ng p.16-18. 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 Oil and Natural Gas Corporation Economic and Political Weekly 180718