Code: 4960
Type: News

NIOC, ONGC officials to meet next week

Date: Thursday, November 26, 2009
Source: Bloomberg

Oil & Natural Gas Corp. (ONGC) plans to discuss “specific opportunities” with executives from National Iranian Oil Co. (NIOC)  next week, said Chairman and Managing Director R.S. Sharma.
 
“In import-dependent countries like ours, we have to see where the future sources of energy supplies are,” Sharma said in an interview in his office in New Delhi. “Iran, they have the second-largest crude oil and gas reserves and they are not very well exploited.”


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