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Subsidy sharing burden to ease: ONGC

PUBLISHED ON: January 23, 2013 | Duration: 9 min, 43 sec

   
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The subsidy sharing burden for ONGC should ease if diesel prices continue to be raised periodically says AK Banerjee, director of finance at ONGC. However, he clarifies that ONGC has not heard from the government regarding any change in the subsidy sharing formula for upstream companies.
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