ONGC’s acquiring stake in Kashagan oilfield will raise debt – Moneycontrol.com


Moneycontrol.com
ONGC's acquiring stake in Kashagan oilfield will raise debt
Moneycontrol.com
Rating agency Moody's has said ONGC's acquisition of ConocoPhillips' 8.4 per cent stake in Kazakhstan's Kashagan oilfield will be 'credit negative' as the state-owned firm's debt will rise by USD 5 billion. Source: PTI
Stake in Kashagan oil field is credit negative for ONGC: Moody'sTimes of India

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