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(From Business Today (India))
Union minister for Petroleum & Natural Gas, Mani Shankar Aiyar, needs little introduction. Since he assumed office a little over a year ago, Aiyar has embarked on a global mission to ring fence India's energy security needs. The petroleum minister, who's famous for his wit and articulation, seemed just a little testy as he discussed a range of issues concerning his ministry with BT's Kumarkaushalam. Excerpts:
What are your views on a) disinvestment and privatisation; and b) merger of oil PSUs?
My views on disinvestment and privatisation are a matter of public record. Very, very unfortunately, an exchange of correspondence between what are called "Honourable Ministers" has been totally dishonourably purloined by a journalist and published in the papers. I am certain that your question arises from that newspaper story. I have nothing further to say.
What about your views on the merger of oil PSUs?
I have set up a committee called the Synergy In Energy Committee. It will submit its report very soon. I will then be able to apply my mind to what we need to do.
The US has expressed its reservations on the proposed …