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    MRPL — Mangalore Refinery and Petrochemicals News Story

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    Brief: ONGC Approves Proposal To Provide PCG Of $500 Million In Favour Of Saudi Aramco On Behalf of MRPL

    Picture of Mangalore Refinery and Petrochemicals logoMangalore Refinery and Petrochemicals
    28/07/2026 11:34
    BRIEF-ONGC Approves Proposal To Provide PCG Of $500 Million In Favour Of Saudi Aramco On Behalf of MRPL
    July 28 (Reuters) - Oil and Natural Gas Corporation Ltd ONGC.NS:
    • ONGC LTD -  APPROVED PROPOSAL TO  PROVIDE PARENT COMPANY GUARANTEE OF USD 500 MILLION IN FAVOUR OF SAUDI ARAMCO
    • ONGC LTD -  APPROVED PROPOSAL TO  PROVIDE PCG OF USD 500 MILLION IN FAVOUR OF SAUDI ARAMCO FOR SEPT 1, 2026 TO AUG 31, 2028
    • ONGC LTD - GUARANTEE TO ENABLE MRPL TO  IMPORT CRUDE OIL FROM SAUDI ARAMCO
    Source text: [ID:]
    Further company coverage: ONGC.NS

     ((Reuters.Briefs@thomsonreuters.com;;))

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