Govt Asks PSU Refiners, RIL To Collaborate On Negotiating Oil-Deal With Russia: Report

New Delhi: The government has asked its state-run oil refiners and private company Reliance Industries Ltd. to collaborate on negotiating a long-term supply agreement with Russia, Bloomberg reported.According to the report, the government wants its refiners to secure at least one-third of their contracted supply from Russia at a fixed discount in order to shield the nation’s economy from price
New Delhi: The government has asked its state-run oil refiners and private company Reliance Industries Ltd. to collaborate on negotiating a long-term supply agreement with Russia, Bloomberg reported.According to the report, the government wants its refiners to secure at least one-third of their contracted supply from Russia at a fixed discount in order to shield the nation’s economy from price
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