ONGC to explore investing in Argentina gas assets: Chairman Arun Kumar

The company also signed a memorandum of understanding with Argentina's state oil company YPF for hydrocarbon cooperation

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Photo: Twitter
Reuters BENGALURU
1 min read Last Updated : Feb 07 2023 | 2:33 PM IST

India's state-run Oil and Natural Gas Corp Ltd will explore investing in gas assets in Argentina, its chairman said on Tuesday.

The company also signed a memorandum of understanding with Argentina's state oil company YPF for hydrocarbon cooperation.

"This is an enabling MoU. They have gas (assets)... so we will explore investing there," the ONGC chairman said at an event in Bengaluru.

 

(Reporting by Nidhi Verma, Writing by Shivam Patel; Editing by Kim Coghill)

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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Topics :ONGCArgentinaInvestment

First Published: Feb 07 2023 | 2:32 PM IST

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