Will ONGC Continue to Buy Russian Oil?

Simran

ONGC will continue buying Russian oil as long as it remains commercially viable.

Chairman Arun Kumar Singh says imports will continue unless government imposes restrictions.

Refineries buy Russian crude routinely, with no domestic or international sanctions in place.

Purchasing decisions are guided by price trends and commercial advantages.

ONGC also invests in ₹66,000 crore projects and explores global energy assets.

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