Indian Oil Corpn Ltd In Talks To Buy Petronas' 10% Stake In Canadian Gas Asset - Business Standard
By Editor
Nov 12, 2013 12:02 PM EST
Regions
Business Standard reported that Indian Oil Corpn Ltd is in talks to buy Malaysian state oil company Petronas' 10% stake in a Canadian shale gas asset. Petronas, another source said, is seeking between $1.1 billion to $1.5 billion for its 10% stake in Canada's Progress Energy Resources Corp.
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