Panel clears OVL's $400 Million Investment in Kazakh JV
22.04.2009
The empowered panel of secretaries (India-KNL) has recommended to the union cabinet approval for ONGC Videsh's proposed $400 million investment in developing an oil field in Kazakhstan.
ONGC Videsh Ltd along with steel baron Lakshmi N Mittal will pick up a 25 percent stake in the Satpayev oil block, official sources...
