Recently, with which countrys government did ONGC Mittal Energy Limited (OMEL) sign a joint venture deal of six billion dollar dealing with infrastructure, refinery and power?

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Q: 11 (IAS/2006)
Recently, with which country’s government did ONGC – Mittal Energy Limited (OMEL) sign a joint venture deal of six billion dollar dealing with infrastructure, refinery and power?

question_subject: 

Current Affairs

question_exam: 

IAS

stats: 

0,5,35,5,22,5,8

keywords: 

{'joint venture deal': [0, 0, 1, 0], 'ongc': [0, 0, 5, 1], 'mittal energy limited': [0, 0, 1, 0], 'colombia': [0, 0, 1, 2], 'venezuela': [0, 0, 0, 1], 'refinery': [0, 0, 1, 1], 'omel': [0, 0, 1, 0], 'saudi arabia': [1, 0, 0, 0], 'nigeria': [1, 0, 0, 0], 'infrastructure': [1, 4, 4, 6], 'government': [5, 0, 0, 1]}

The correct answer is Option 3: Nigeria. ONGC - Mittal Energy Limited (OMEL), a joint venture between Oil and Natural Gas Corporation (ONGC) of India and Mittal Energy Ltd, signed a deal worth $6 billion with the government of Nigeria. This agreement focuses on infrastructural development, the refining sector, and power generation.

Option 1: Colombia is incorrect because the deal was not signed with this country`s government.

Option 2: Venezuela is also incorrect as the agreement was not made with Venezuela`s government.

Option 4: Saudi Arabia is not the right answer as well, for the same reasons mentioned for options 1 and 2. The deal was specifically signed with the Nigerian government.