IOC offers stake to Kuwaiti cos in Panipat plant

Indian Oil Corporation on Friday offered a stake to Kuwaiti companies in its upcoming petrochemical plant at Panipat and the proposed refinery at Paradip.

"We discussed our upcoming projects... Panipat cracker and Paradip refinery," IOC Chairman S Behuria told reporters after visiting the Kuwaiti oil minister.

He said IOC's participation in upstream project in Kuwait figured in the discussion.

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