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Equity investment, debt financing possible options for marginal field bidders

… as ADVOCAAT highlights other challenges

Assuming the Bid Round runs its course, there are various challenges to potential preferred bidders. One of these challenges has to do with the fiscals. Given the prevailing market conditions in the global oil market – low prices and oil glut, attracting foreign capital may be difficult. The Petroleum Industry Bill (PIB) currently before the…

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