But these kinds of things keep happening in our business.
We don't have immediate plans to sell our stake in IOC but we are certainly looking at GAIL.
The Syrian acquisition is a major breakthrough for us.
We have received this demand and we are shocked.
This joint acquisition opens a wholly new set of opportunities for both the companies to collaborate on the oil and gas value chain.
The joint acquisition by ONGC and CNPC is a pace setter for both the companies. ONGC and CNPC have been working together in Greater Nile Oil Project in Sudan, but it is for the first time that they have joined hands to acquire an oil asset together.
The key reason for our increase in profit was global crude price volatility.
Our port infrastructure is very, very poor.
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