BUSINESS

Consortium to explore oil and gas in Assam

BANGALORE: Assam Company (as a member of the ONGC and OIL consortium) will begin exploration of oil and natural gas in the Assam Arakan basin on production sharing basis with the Central Government, according to A. K. Jajodia, Managing Director, Assam Company. The block covers an area of 360 square km, says a release.

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