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Times of India: Shell to consider acreage auction

11 Jul 2007
 
NEW DELHI: Shell India will seriously consider the opportunities thrown up by the government’s auction of exploration acreages in future, a senior company official said on Tuesday.

“Shell continuously investigates and actively considers all opportunities in upstream ventures around the world, which includes India,” Shell country head (corporate affairs) Deepak Mukarji said.

The company has so far stayed away from the auctioning rounds and is in talks with ONGC for a tie-up. 

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