 "DK Sarraf, Chairman & Managing Director, ONGC")
Oil and Natural Gas Corporation (ONGC) is the country’s biggest oil and gas producer. But with global crude oil prices hovering around $50 a barrel, it wants to neutralise its risk of the subdued market through a significant downstream presence. In an interview with Jyoti Mukul, its chairman and managing director D K SARRAF says integration with Hindustan Petroleum Corporation (HPCL) will be beneficial for both the companies: Edited excerpts:
Will ONGC be buying government stake of 51 per cent in HPCL?
We will acquire the entire government stake in HPCL.
How will the takeover help your company?
Will ONGC be buying government stake of 51 per cent in HPCL?
We will acquire the entire government stake in HPCL.
How will the takeover help your company?
