Epic Research

Monday, July 1, 2013

Epic Update : ONGC


Stock TipsOil and Natural Gas Corporation (ONGC) is reportedly in talks with Reliance Industries (RIL) to ink a deal for sharing infrastructure at the Krishna-Godavari (KG) basin. ONGC is seeking to share RIL’s gas processing and transportation facilities for the KG basin, which includes RIL’s underutilised gas gathering station at KG-D6 along with pipelines that transport the fuel on to the land, and the processing plant at Kakinada in Andhra Pradesh. 

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