Rediffmail Money rediffGURUS BusinessEmail

Oil ties with South Africa in pipeline

September 29, 2005 10:04 IST
By Jyoti Mukul in Johannesburg

In a meeting with Central Energy Fund, a South African government body for the petroleum sector, the Indian delegation has identified upstream, gas to liquid, biodiesel and LPG bottling as the areas of cooperation between the two countries.

While India sought to join hands for gas to liquid technologies, it's South African counterpart wanted collaboration in biodiesel. India also seeks to initiate upstream projects in South Africa and to tie up with Petro SA for pursuing projects in other countries.

ONGC Videsh will work on a joint approach in the exploration business while Indian Oil Corporation will collaborate on biodiesel and LPG bottling facilities.

Jyoti Mukul in Johannesburg
Source:

WEB STORIES

8 Top Wellness Retreats Of India

Our Stamps Tell India's Story: 21 Old Beauties

Live Long: 9 Reasons Why Green Tea Is A Cup Of Health

VIDEOS

NEWS BUSINESS MOVIES CRICKET SPORTS GET AHEAD REDIFF-TV REDIFF ASTRO MOBILE RECHARGE BILL PAYMENTS