Markets

India's ONGC says paid no discount on crude oil sales to state refiners in Q3

Published February 11, 2016 Updated February 11, 2016 12:17pm

1 min

By Shoaib Ur Rehman

Add BRecorder as a trusted
source on Google

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.

Read Comments