Wednesday, November 24, 2010

Aegis to invest upto Rs 4 bn to build oil terminal

Aegis Logistics will invest up to Rs 4 billion to build an oil terminal complex at Pipavav Port in Gujarat, it said in a statement. 

Aegis Logistics Ltd , provides logistics support to oil, gas and chemical industries. 

Aegis Logistics last year acquired the Indian unit of Royal Dutch Shell , Shell Gas (LPG) India Pvt Ltd, to help it enter new markets.

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