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ONGC to buy 80% stake in GSPC's KG gas block for $995 million

ONGC to buy 80% stake in GSPC's KG gas block for $995 million

Sat, Dec 24, 2016

State-owned Oil and Natural Gas Corporation (ONGC) on Friday said it will acquire 80% stake in debt-laden Gujarat State Petrochemicals Corporation's (GSPC) KG basin gas block for $995.26 million (nearly Rs 6,621.22 crore).

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