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Oil and Natural Gas Corporation Ltd's ONGC Videsh Ltd To Raise $3 Billion For Kazakh Acquisition-Business Standard


Tuesday, 28 May 2013 06:05am EDT 

Business Standard reported that ONGC Videsh Ltd, the overseas arm of Oil and Natural Gas Corporation Ltd (ONGC), plans to raise at least $3 billion in debt to part-fund acquisition of US energy giant ConocoPhillips' stake in a Kazazkhstan oilfield.