share tips and commodity tips by Marketprophecy.in
Oil minister Veerappa Moily's plans of increasing crude purchases from Iran have been dashed by the reluctance of the latter to accept rupees for their Farsi crude. The government is therefore now looking at the option of paying other currencies like the troubled Yen and Yuan. CNBC-TV18’s Nayantara Rai brings you up to speed with the latest on the oil saga. Three months after the CCEA approved the new gas price formula, petroleum minister Veerappa Moily is getting set to move Cabinet to decide if RIL should benefit from the new price regime. The Finance Ministry had asked Moily to reconsider till RIL supplies the shortfall of gas from the KGD6.
posted by Naresh Jain @ 06:58
0 Comments
0 Comments:
Post a Comment
Note: only a member of this blog may post a comment.
Subscribe to Post Comments [Atom]
<< Home