Mon Jan 21, 2008 8:49am GMT
NEW DELHI, Jan 21 (Reuters) – Indian refiner Mangalore Refinery and Petrochemicals (MRPL.BO: Quote, Profile, Research) said on Monday it will form a joint venture with the Indian unit of Royal Dutch Shell (RDSa.L: Quote, Profile, Research) to sell jet fuel in southern India.
“It will be a 50:50 joint venture with an initial investment of 300 million rupees,” the company’s managing director R. Rajamani told reporters.
(Reporting by Nidhi Verma; Editing by John Mair)
This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.