NEW DELHI, April 29 (UPI) -- India said its state-run oil and gas companies have acquired hydrocarbon assets in 23 countries.
Petroleum and Natural Gas Minister Murli Deora told Parliament in a statement that in an effort to secure energy security through investment in oil equity abroad, oil sector public sector undertakings such as Oil and Natural Gas Corp.-Videsh Ltd., Oil India Ltd., Indian Oil Corp., Bharat Petroleum Corp., Gas Authority of India Ltd., and Hindustan Petroleum Corp Ltd. acquired exploration and production assets in 23 countries.
The countries include Australia, Brazil, Colombia, Cuba, Egypt, Gabon, Iran, Iraq, Libya, Myanmar, Nigeria, Sao Time-Principe, Oman, Qatar, Russia, Sudan Syria, Timor-Leste, Vietnam, Yemen and Venezuela.
"Out of above investments, production has already started in six projects in Vietnam, Sudan, Russia, Syria and Colombia," Deora told lawmakers.
