27.01.2009, 11:16 2649

Nazarbayev invited GAIL and Indian Oil Corp. to hold negotiations on construction of petrochemical factory

The President of Kazakhstan, Nursultan Nazarbayev, being for the state visit in the Republic of India, invited two Indian companies Gas Authority of India Ltd. (GAIL) and Indian Oil Corp. to hold negotiations on construction of a petrochemical factory in Kazakhstan, the agency reports citing the Indian news agency Press Trust of India (PTI).

New Delhi. January 27. Kazakhstan Today - The President of Kazakhstan, Nursultan Nazarbayev, being for the state visit in the Republic of India, invited two Indian companies Gas Authority of India Ltd. (GAIL) and Indian Oil Corp. to hold negotiations on construction of a petrochemical factory in Kazakhstan, the agency reports citing the Indian news agency Press Trust of India (PTI).

According to PTI, the invitation of the President of Kazakhstan followed after the negotiations of N. Nazarbayev with the Minister of Petroleum Industry of India, Murli Deora.

Gas Authority of India Ltd. - the leading company of gas branch of India, the company unites the whole chain of extraction, processing and transportation of natural gas: research, manufacture, processing, transportation, distribution and marketing.

Indian Oil Corporation Ltd., began its work in 1959 as Indian Oil Company Ltd. It was created in 1964 by merge with the company Indian Refineries Ltd. It is the largest Indian oil refining state controlled company.

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