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INDIAN OIL CORP PAYS US$45 MLN TO SRI LANKA GOVT TO RETAIL FUEL.

Publication: AsiaPulse News
Publication Date: 23-JAN-04
Format: Online
Delivery: Immediate Online Access

Article Excerpt
NEW DELHI, Jan 23 Asia Pulse - State refiner Indian Oil Corp (BSE:IOC) has paid the final US$45 million of a US$75 million deal with the Sri Lankan government to retail fuel in the island nation.

The deal will allow Lanka IOC, IOC's wholly owned subsidiary, to import fuel,...

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