Global oil majors are looking at expanding foothold in the vast Indian market, where local refiners are investing billions of dollars to boost their petrochemical capacities
India accounted for about a third of Venezuela's oil shipments in January
The United States in January prohibited US-dollar transactions for oil sales from Venezuela's PDVSA or its units
The refinery has annual crude oil throughput of 20 million tonnes, importing it from various regions
Nayara is hopeful that the first round of successful fundraising will pave the way for more interest cost reduction