{"id":434382,"date":"2021-09-07T08:42:18","date_gmt":"2021-09-07T03:12:18","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=434382"},"modified":"2021-09-07T09:15:50","modified_gmt":"2021-09-07T03:45:50","slug":"ovl-in-talks-to-buy-stake-in-russias-vostok-arctic-lng-2-project","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/ovl-in-talks-to-buy-stake-in-russias-vostok-arctic-lng-2-project\/","title":{"rendered":"OVL in talks to buy stake in Russia&#8217;s Vostok, Arctic LNG-2 project"},"content":{"rendered":"<p>India&#8217;s top energy companies including ONGC Videsh Ltd is discussing buying a stake in Russia&#8217;s massive Vostok oil project as well as a planned liquefied gas project Arctic LNG-2, Oil Minister Hardeep Singh Puri said.<\/p>\n<p>OVL, the overseas arm of state-owned Oil and Natural Gas Corp (ONGC), is evaluating buying a minority stake in the Vostok Oil project, which contains combined estimated resources of over 6 billion tonnes or around 44 billion barrels, of premium crude. <\/p>\n<p>It alongside Petronet LNG Ltd is negotiating to buy a 9.9 per cent stake from Novatek. <\/p>\n<p>&#8220;A number of new potential investments were discussed Vostok Oil, Artic LNG-2 (and) petrochemicals,&#8221; Puri, who was in Russia to attend the Eastern Economic Forum in Vladivostok, told reporters in Moscow before departing back to New Delhi.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>India&#8217;s top energy companies including ONGC Videsh Ltd is discussing buying a stake in Russia&#8217;s massive Vostok oil project as well as a planned liquefied gas project Arctic LNG-2, Oil Minister Hardeep Singh Puri said. OVL, the overseas arm of state-owned Oil and Natural Gas Corp (ONGC), is evaluating buying a minority stake in the Vostok Oil project, which contains combined estimated resources of over 6 billion tonnes or around 44 billion barrels, of premium crude. It alongside Petronet LNG Ltd is negotiating to buy a 9.9 per cent stake from Novatek. &#8220;A number of new potential investments were discussed [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,169],"tags":[],"class_list":["post-434382","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-oil-gas-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/434382","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=434382"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/434382\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=434382"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=434382"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=434382"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}