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Indian public oil firms looking to acquire up to 49.9 percent of Rosneft's Vankor-Cluster assets

( September 28, 2016, 09:07 GMT | Insight) -- India’s public-sector oil firms — ONGC Videsh, Oil India, Indian Oil and Bharat PetroResources — are in advanced talks to acquire up to 49.9 percent of Rosneft’s Vankor-Cluster east Siberian assets, the Financial Express reports. India’s public-sector oil firms — ONGC Videsh, Oil India, Indian Oil and Bharat PetroResources — are in advanced talks to acquire up to 49.9 percent of Rosneft’s Vankor-Cluster east Siberian assets, the Financial Express reports. Russian President Vladimir Putin is expected to sign a preliminary agreement with the companies during his October visit for the BRICS summit. The terms of the prospective deal remained undisclosed but industry observers estimated the almost 50-percent stake would be worth more than $2 billion.   ...

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