Oil India Limited plans to expand its operations in Africa, Latin America, CIS countries and Australia during the 12th Plan period. In addition, it is also looking for broadening its activities in Canada and the North American region.
The public sector company invested about six hundred and eight crore rupees during the 11th Plan period on expanding its exploration activities in Libya, Gabon, Egypt, Nigeria, Yemen and Ivory Coast, all in Africa, and Iran and Venezuela.
This information was given by the Minister of State for Petroleum and Natural Gas, R.P. N. Singh in a written reply in the Lok Sabha today.