ONGC says paid no discount on crude oil sales to state refiners in Q3 | Reuters

MUMBAI India's Oil and Natural Gas Corp paid no discount on crude oil sales to state refiners in the December quarter, Chairman D.K. Sarraf said on Thursday.

The state-run explorer gave a discount of 94.58 billion rupees ($1.38 billion) during the same period last year.

ONGC will report its December-quarter earnings later on Thursday.

($1 = 68.3800 Indian rupees)

(Reporting by Nidhi Verma; Writing by Promit Mukherjee; Editing by Biju Dwarakanath)

This story has not been edited by Firstpost staff and is generated by auto-feed.


Published Date: Feb 12, 2016 02:00 am | Updated Date: Feb 12, 2016 02:00 am