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Does India need an integrated oil company?
Apr 18: Over the last 22 years, there have been attempts by different governments to merge state-owned oil companies to create a mega company.
8Two different advisory committees have recommended against it.
8carry here an analysis of different mega merger alternatives using a multiple criteria methodology based on eight factors to show that the formation of such a company could have a negative impact on energy security and competitiveness.
8In fact, creating more oil companies, especially downstream companies by splitting IOCL, is more preferable.
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