ONGC inks pact with RIL

July 27, 2013 10:38 pm | Updated November 16, 2021 08:51 pm IST - NEW DELHI:

Oil and Natural Gas Corporation (ONGC) on Saturday said it had signed an agreement with Reliance Industries Ltd. (RIL) to explore possibility of hiring the latter’s infrastructure facilities on the east coast.

“The memorandum of understanding (MoU) aims at working out the modalities for sharing of infrastructure, identifying additional requirements as well as firming up the commercial terms,” the company said in a statement here.

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