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No Ratna PSC until Essar shows loan with ICICI

Vol 6, PW 16 (09 Oct 02) Exploration & Production
 

UNLESS ESSAR PROVES it hasn't mortgaged future revenue from Ratna to finance its Vadinar refinery, there won't be a PSC for Ratna....

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Related
  • Only one major issue holding up PSC for Ratna (23 Mar 06)

  • Essar still at war with law ministry over Ratna oilfield (02 Jun 04)

  • ICICI backs down on Ratna fight with ministry (24 Mar 04)

  • More delay for Ratna PSC following ICICI letter (19 Nov 03)

  • Ratna PSC imminent as ministry sets terms (30 Jul 03)

  • No Ratna PSC until Essar shows loan with ICICI (09 Oct 02)

  • Meeting on Ratna brings PSC no closer than before (28 Aug 02)

  • Essar Oil demands PSC signing date for Ratna (24 Apr 02)

  • Amar Singh speaks out against Ratna yet again (16 Jan 02)

  • Countdown for Essar as ICICI meets oil ministry (20 Dec 00)

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