India's ONGC explores setting up 200,000-240,000 bpd refinery in Gujarat state, source says
The company is doing a pre-feasibility study for the project, the source told reporters.
The source declined to be identified as the matter is not yet public.
India, the world's third-biggest oil importer and consumer, wants to position itself as a global refining hub and is expanding capacity.
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25 minutes ago
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Risk boost from US-EU trade deal of little help to rupee as outflows persist
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Reuters
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