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Oil India Wants To Exit Russian Project: Dharmendra Pradhan

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State-run Oil India has started the process to sell its 50 per cent stake in Project License-61 in Russia as the performance of the asset didn’t meet expectations, Oil Minister Dharmendra Pradhan told lawmakers in a written reply.

Mr Pradhan said on Wednesday the company has not yet decided to exit from its shale assets in the United States.

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