Profit

Tough road ahead for OVL to get stake in Sakhalin-3

PUBLISHED ON: April 20, 2010 | Duration: 1 min, 54 sec

  
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Buying stake in Russia's rich oil and gas block Sakhalin-1 is already paying rich dividends to ONGC's overseas arm ONGC-Videsh or OVL. However, it seems OVL's efforts to get stake in another block Sakhalin-3 may not bear fruit.
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