India today invited Malaysian company Petronas to partner Indian Oil Corporation (IOC) in developing one of the phases of South Pars gas field in Iran and a liquefied natural gas import terminal at Ennore in Tamil Nadu. |
IOC had last month signed a memorandum of understanding with Iran's Petropars for jointly developing a proposal for the field. |
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India also sought joint operatorship of oil blocks 5A and 5B in Sudan where ONGC Videsh Ltd and Petronas are partners. Besides, it also wanted to accommodate the Indian company in another block there held by the Malaysian company. |
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It also sought partnership with Malaysia in bidding for the Sakhlain-3 fields in Russia. |
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"I have suggested that Indian and Malaysian companies can go together in the field of hydrocarbons in third countries," petroleum minister Mani Shankar Aiyar told reporters after a meeting with visiting Malaysian prime minister Abdullah Ahmad Badawi here. |
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"There are indications that block 12 in Sudan may be given to us. If a package of understanding is developed, we would like Petronas to join us in block 12," Aiyar said. |
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The Malaysian prime minister had in-principle agreed to the proposals of cooperation in third countries, he said while adding that he would like to study it in greater detail. |
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India, which imported 2.28 million tonne of crude from Malaysia, also sought higher volumes from the South East Asian country. "This volume may go up by 8-10 per cent next year," he said. |
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