MUMBAI (Reuters) – India’s Oil and Natural Gas Corp paid no discount on crude oil sales to state refiners in the December quarter, Chairman D.K. Sarraf said on Thursday.
The state-run explorer gave a discount of 94.58 billion rupees ($ 1.38 billion) during the same period last year.
ONGC will report its December-quarter earnings later on Thursday.
($ 1 = 68.3800 Indian rupees)
(Reporting by Nidhi Verma; Writing by Promit Mukherjee; Editing by Biju Dwarakanath)
