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Positive impact of $5-6/bbl if cess on crude is removed: ONGC

The government is looking to re-impose custom duty of 5 percent on imported crude oil. ONGC's director - finance AK Srinivasan says, this too will be positive and the company will see a positive impact of Rs 2,000 crore on EBITDA.

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Ad Valorem Duty

Positive impact of &#36;5-6/bbl if cess on crude is removed: ONGC

Positive impact of $5-6/bbl if cess on crude is removed: ONGC