Muscat, Oct 04: Enthused by the successful implementation of Oman-India Fertiliser Project, Oman is keen on stepping up investment in India in oil and gas, petrochemicals and manufacturing. The country, which is interested in participating in the privatisation of oil PSUs in India, has however, not bid for HPCL and BPCL.

"We have very long friendly relations with India. We are keen on investing in the country and keep looking at new opportunities.
"We are watching the privatisation process and may look into it when something attractive comes by," Oman Minister for Commerce and Industry Maqbool Sultan said here.
While Oman oil holds about two per cent stake in the Bina Refinery Project, it has not bid for HPCL and BPCL and also kept away from the disinvestment of IPCL.
The minister said Oman was keen on enhancing economic cooperation with India in the sector. Bureau Report