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Indian Consortium Including Oil and Natural Gas Corporation Ltd And Others Short-Listed For ConocoPhillips Assets In Canada-DJ

Monday, 15 Oct 2012 04:00am EDT 

Dow Jones reported that a joint bid by a consortium of three Indian state-run oil and gas companies has been short-listed to acquire stakes in oil-sands assets owned by ConocoPhillips in Canada. The consortium, comprising Oil and Natural Gas Corporation Ltd, Oil India Limited and Indian Oil Corporation Limited bid recently for the stakes, which are valued around $5 billion.