NEW DELHI (Reuters) - ONGC
ONGC may not want to up its share as it is already seeking to raise debt to fund recent acquisitions in Mozambique, one of the sources said. Another source said Oil and Natural Gas Corp is studying the possibility of buying Petronas' stake.
A source at Oil India also said his company was unlikely to buy Petronas' stake.
Both sources declined to be identified because of the sensitivity of the subject.
Oil India, ONGC, Indian Oil
ONGC has an 11 percent stake in the project while Oil India and Indian Oil Corp
(Reporting by Nidhi Verma; Editing by Clarence Fernandez)