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Oil India Wants To Exit Russian Project: Dharmendra Pradhan

Pradhan said on Wednesday the company has not yet decided to exit from its shale assets in the United Staes.

Photo Credit : Reuters

1505472827_0eXM69_dharmendra-Pradhan-reu.jpg

State-run Oil India Ltd has started the process to sell its 50 per cent stake in Project License-61 in Russia as the performance of the asset didn't meet expectations, India's Oil Minister Dharmendra Pradhan told lawmakers in a written reply.

Pradhan said on Wednesday the company has not yet decided to exit from its shale assets in the United Staes.

(Reuters)


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