India plans to purchase shares in Lihai Kashagan oil field

According to a report by the United States of America, Bloomberg News, New Delhi, June 8, two sources who knew the matter directly said today that India’s largest energy exploration company, ONGC, and India’s state-owned natural gas transportation company (GAIL) are currently negotiating. Purchased shares of ExxonMobil, the largest oil company in the United States, in Kazakhstan's Kasagan Oil Field.

One of the sources, who asked not to disclose his name before the official announcement, said that the two Indian state-owned companies had recently made a non-binding offer. They will conduct a major bid on this large oil and gas field in the Caspian Sea before making a final bid. Evaluation.

The source said that the investment plan also needs the approval of the Indian government cabinet.

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