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Sunday, July 05, 2020 23:1 GMT
IOC Middle East FZE, Dubai, a wholly-owned subsidiary of IndianOil Corporation, India’s largest refiner and marketer of petroleum products, and RR Holdings Ltd, Ras Al Khaimah, UAE, the holding company of Beximco LPG of Bangladesh, have signed an agreement for the formation of a 50:50 Joint Venture Company (JVC) for LPG business in Bangladesh. Dharmedra Pradhan, India’s Minister for Petroleum & Natural Gas and Steel, who presided over the function, said that the agreement is a major milestone...More