New Delhi : Petroleum Minister Murli Deora and his Sudanese counterpart Awad Ahmed Al-Jaz Tuesday discussed ONGC Videsh Ltd.’s (OVL) investment in Sudan ahead of the two-day India-Africa Hydrocarbon Conference.
Talking to reporters after the meeting, Al-Jaz said: “Besides the three blocks ONGC already has in Sudan, it has shown interest in two more blocks. The doors are open for Indian investment in Sudan.”
OVL already has some investment in the upstream sector in Sudan and is now interested in two additional blocks – Block 8 and Block B, said OVL managing director R.S. Butola.
While Petronas is the main operator of Block 8, the main operator of Block B is Total. India is likely to get a share in the blocks through Sudan’s state-run oil company, which has a stake in each block. About 32.5 percent of the stake in the blocks is available.