Norway-based Aker Solutions, appointed by ONGC to explore the possibility of sharing RIL's infrastructural facilities on the East Coast, is expected to submit its final report next month, sources close to the development said.
"The capital cost savings of ONGC will be in the range of $700 to 800 million.
“ONGC will process its gas output from some of the fields in KG-Basin in RIL facility and in return RIL will get processing charge.
"That way, sharing of infrastructure will be beneficial for both the companies if they decide to go ahead with Aeker's report," a source privy to the draft report submitted by Aker told PTI.
In July last year, ONGC had inked a memorandum of understanding with RIL to explore the possibility of sharing the latter's infrastructural facility in the
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