{"id":59272,"date":"2016-03-16T11:23:10","date_gmt":"2016-03-16T11:23:10","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=59272"},"modified":"2016-03-16T11:23:10","modified_gmt":"2016-03-16T11:23:10","slug":"firms-invest-1-7-billion-for-stake-in-russian-taas-yuriakh-oilfield","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/firms-invest-1-7-billion-for-stake-in-russian-taas-yuriakh-oilfield\/","title":{"rendered":"Firms invest $1.7 billion for stake in Russian Taas-Yuriakh oilfield"},"content":{"rendered":"<p>Three Indian oil firms plan to invest $1.7 billion to pick up a stake in the Russian oil field Taas-Yuriakh, said a source close to the matter. <\/p>\n<p>ONGC Videsh Ltd, the overseas arm of Oil and Natural Gas Corporation, Oil India Ltd and Bharat Petro Resources Ltd, the upstream arm of state-owned refiner Bharat Petroleum Corporation Ltd, will also invest $180 million each as part of future capital expenditures, the source said. <\/p>\n<p>The Taas-Yuriakh field is currently producing 20,000 barrels per day (bpd) of crude oil and is expected to go up to 100,000 bpd in the next two years.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Three Indian oil firms plan to invest $1.7 billion to pick up a stake in the Russian oil field Taas-Yuriakh, said a source close to the matter. ONGC Videsh Ltd, the overseas arm of Oil and Natural Gas Corporation, Oil India Ltd and Bharat Petro Resources Ltd, the upstream arm of state-owned refiner Bharat Petroleum Corporation Ltd, will also invest $180 million each as part of future capital expenditures, the source said. The Taas-Yuriakh field is currently producing 20,000 barrels per day (bpd) of crude oil and is expected to go up to 100,000 bpd in the next two years.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[133],"tags":[],"class_list":["post-59272","post","type-post","status-publish","format-standard","hentry","category-oil-gas"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/59272","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\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=59272"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/59272\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=59272"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=59272"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=59272"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}