ONGC grants $500 million guarantee for MRPL to import crude oil from Saudi Aramco, valid for two years.

ONGC approved a $500 million parent company guarantee for its subsidiary MRPL. This guarantee facilitates crude oil imports from Saudi Aramco for two years. The move addresses…

ONGC grants $500 million guarantee for MRPL to import crude oil from Saudi Aramco, valid for two years.