Middle East Economic Survey

VOL. XLVIII

No 7

14-February-2005

sudan

Indias ONGC Videsh Considers Sudan Refinery Project

Indias state-owned Oil and Natural Gas Corporation (ONGC) subsidiary ONGC Videsh is considering an offer from the Khartoum government to build a new oil refinery in Port Sudan, the company said on 4 February in a notice to the Bombay Stock Exchange. The company added that the offer to build the facility, at an estimated cost of $1.2bn, was one of several opportunities being...