OVL-IOC-Petronet consortia in talks for stake in Yamal
New Delhi   10-Sep-2013

A consortium of ONGC Videsh Ltd, Indian Oil Corp and Petronet LNG Ltd is in talks to buy about 9-10 per cent stake in Russian natural-gas producer OAO Novatek's $20 billion Yamal LNG Project. The consortia is sending a team to Russia this month for negotiations for a stake in the project, sources said.