|
Enron non-commital on offering oilfield stake to JV partners
PRESS TRUST OF INDIA
New Delhi, Oct 19: Enron Oil and Gas India (EOGIL) on Thursday remained non-commital on selling its 30 per cent stake in Panna, Mukta and Tapti oilfields to its joint venture partners Reliance Industries (RIL) and Oil and Natural Gas Corporation (ONGC) following its application to the government to withdraw from the ventures.ONGC and Reliance Industries were also tightlipped on Enron Oil and Gas India's decision and said it was premature to comment on whether they would bid for the stake of the operating partner in the ventures which is seeking exit as part of the Enron's worldwide policy of rebalancing of assets. When contacted, EOGIL spokes.man from Mumbai said the company had no comments to offer on queries. Copyright © 2000 Indian Express Newspapers (Bombay) Ltd.
|