The joint acquisition by ONGC and CNPC is a pace setter for both the companies. ONGC and CNPC have been working together in Greater Nile Oil Project in Sudan, but it is for the first time that they have joined hands to acquire an oil asset together.
More Quotes from Subir Raha:
Public-sector companies cannot be treated as government departments. Companies are expected to make profits, departments are not.Subir Raha
But these kinds of things keep happening in our business.
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