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Gas import turned over to IOC; $500 Mn. funding from India

Settlements with the Indian federal government to safeguard a $500 million funding to cover the buck deficiency have actually supposedly achieved success.

As necessary, a federal government agent is set up to see India following week to take more activity hereof.

At The Same Time, it is reported that the Indian Oil Company (IOC) is additionally taking into consideration enhancing its payment in acquiring gas consisting of fuel and also diesel.

It is claimed that this will certainly address the buck trouble that has actually developed in acquiring crucial assets consisting of gas which is needed for the nation according to the existing conversations and also arrangements with India.

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