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Imperial deal likely in 5 weeks: Deora
New Delhi, Sept 5 (UNI) Petroleum and Natural Gas Minister Murli Deora today said he hoped state-run explorer Oil and Natural Gas Corporation would to be able to conclude a 2.6 billion dollar deal to take over Russia-focused Imperial Energy Corp in four or five weeks.
''I recently met the Russian president in Tajikistan. He was very cooperative...I hope the deal will be concluded in 4-5 weeks,'' Mr Deora told reporters here.
Last month, Mr Deora said Russia was ''very supportive'' of the deal.
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Story first published: Friday, September 5, 2008, 14:04 [IST]