Asia Pulse: ONGC, SHELL SIGN MOU TO STUDY INDIAN BITUMEN MARKET

Asia Pulse; Feb 09, 2006
MUMBAI, Feb 9 Asia Pulse – The state-owned Oil and Natural Gas Corporation on Wednesday joined hands with Shell Bitumen India Private Ltd to carry out a joint market research to study India's Bitumen and Value Added Bitumen market potential over the next 10 years.
The MoU was signed by ONGC chairman and managing director Subir Raha and Shell India chairman Vikram Singh Mehta.
Under the terms of the MoU, the companies will jointly conduct an economic valuation on investing in a standalone refinery in India, to be established on the east or west coasts.
“In terms of the MoU, any future project or joint ventures, ONGC, MRPL and Shell Bitumen India will jointly formulate commercialisation policies,” a company release said here on Wednesday.
(PTI)

*This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, and shellwikipedia.com, are owned by John Donovan - more information here. There is also a Wikipedia segment, the Shell DPA Files, "Shell and the Spies", the Shell Leaks files, the Independent Shell Archive, as well as books written and published by John Donovan - Kindle eBooks. Timeline of the Donovan Shell Feud. Toxic History of Royal Dutch Shell Group. Shell and the Donovans: The Full Media Record — 550+ Articles, 110 Books, 40 Years. *All conjured up by internet wizz, Nick Gill.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.