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Strategies & Market Trends : India Coffee House

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To: JPR who wrote (1671)	6/29/1998 7:23:00 PM
From: Mohan Marette	Read Replies (1) of 12475

Unocal to invest $ 4 billion in India. JPR: Here is some good news,sanctions or no sanctions. {excerpts} US energy major Unocal Corp chalks out $4-b projects Shubham Mukherjee NEW DELHI 29 JUNE US-BASED energy group, Unocal Corporation has outlined detailed plans to set up a bevy of infrastructure projects in areas like oil and gas exploration,pipelines, power generation, LNG terminal and port development and fertiliser projects in the country. The projects to be developed over the next five years and estimated to cost $4 billion would not be affected by the sanctions, Unocal Bharat Ltd president and managing director Arun Metre told The Economic Times.......... economictimes.com

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