You are here:HomeLive TVVideosLinking Under-recoveries To Export Prices Nonviable For Oil Marketing Cos: Ioc

Linking under-recoveries to export prices nonviable for oil marketing cos: IOC

loading..

According to a report by an Indian newspaper, the government is considering working out the subsidy entitlement of oil marketing companies (OMCs) according to 100 per cent export-parity pricing. PK Goyal, director of finance at Indian Oil Corp, says that this move would push most refineries into very heavy losses and make them nonviable.

MORE FROM NDTV

FROM THE WEB

MORE FROM THE WEB
MORE FROM NDTV

Social Sharing

Advertisement

Advertisement

 

More From NDTV

More From the WEB

Don't Miss

Advertisement

Market Data provided by © Accord Fintech.
© Copyright NDTV Convergence Limited 2014. All rights reserved.