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Essar expects approvals to lag in India

UK-listed Essar Energy said it expected slow progress in receiving approvals for its oil and gas blocks in its upstream business, despite the high level of imports needed to meet India’s oil and gas demand.

Essar: the Indian energy player made an after-tax loss of $200.8 million during the six-month period ended 30 September 2012.
Essar: the Indian energy player made an after-tax loss of $200.8 million during the six-month period ended 30 September 2012.
Published 26 November 2012, 09:37Updated 11 October 2016, 10:58
Asia & Oceania