ONGC Videsh Operations in Azerbaijan

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In early 2013 India's cabinet cleared ONGC's proposal to buy out US major Hess' stake in the ACG fields (2.72%) and BTC pipeline (2.36%) for US $1 billion.[1]


  1. "ONGC Videsh's plan to buy assets in Azerbaijan gets nod" India Times, 1 February 2013.