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AccessMyLibrary    Browse    A    AsiaPulse News    MAR-06    INDIA'S ONGC TO SHELL OUT US$360 MLN ON INCREASED OIL CESS.

INDIA'S ONGC TO SHELL OUT US$360 MLN ON INCREASED OIL CESS.

Publication: AsiaPulse News

Publication Date: 01-MAR-06
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COPYRIGHT 2006 Asia Pulse Pty Ltd

NEW DELHI, March 1 Asia Pulse - Oil and Natural Gas Corp (ONGC) (BSE:500312), India's largest crude oil producer, will have to shell out about Rs 16 billion (US$360 million) more to the Government as a fallout of increase in cess on domestic crude oil.

Finance Minister P Chidambaram,...

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