ONGC ‘in $2.2bn bond sale’

Bond sale: Incoming ONGC chairman Dinesh Sarraf

India’s Oil & Natural Gas Corporation (ONGC) has raised more than $.2.2 billion in a bond sale to help pay for the company’s offshore asset purchases in Mozambique, according to a report.

Newsletter signup


Become an Upstream member!

Membership includes a subscription to our weekly newspaper providing in-depth news from the energy industry, plus full-access to this site and its archives. Still not convinced? Try our free trial.

Already a member?