India’s ONGC May Borrow $10 Billion to Buy Assets (Update2)

India’s ONGC May Borrow $10 Billion to Buy Assets (Update2)
March 8 (Bloomberg) — Oil & Natural Gas Corp. , India’s biggest energy explorer, may borrow $10 billion over the next decade as it competes with rivals from China and South Korea to buy oil assets overseas to meet domestic fuel demand.

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