Increase in oil price unacceptable: Left

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| Besides, the party has expressed serious reservation about the Cabinet's decision to join the Turkmenistan-Afghanistan-Pakistan (TAP) pipeline project. |
| Ahead of the UPA-Left coordination committee meeting on Tuesday, the UPA ally has reiterated its stance that under-recoveries of the oil companies are not actual losses and the government should rather forgo its revenue gains from oil sector to offset the rise in international crude oil prices. |
First Published: May 20 2006 | 12:00 AM IST