OVL to raise $3 billion for Kazakh acquisition

Kazakhstan|business|May 28, 2013 / 04:56 PM

AKIPRESS.COM - ONGC Videsh Ltd, the overseas arm of state-owned Oil and Natural Gas Corp (ONGC), plans to raise at least USD 3 billion in debt to part-fund acquisition of US energy giant ConocoPhillips' stake in a Kazazkhstan oilfield, reported The Times of India...

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