NEW DELHI: Oil Minister Murli Deora said on Friday he hoped state-run
explorer Oil and Natural Gas Corp would to be able to conclude a $2.6
billion 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," Deora
told reporters. Last month, Deora said Russia was "very supportive" of
the deal.

N.Sukumar
Research Analyst
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