New Delhi: The Cabinet Committee on Disinvestment (CCD) would meet on September 6 to decide on disinvestment of oil PSUs -- Hindustan Petroleum Corporation Ltd (HPCL) and Bharat Petroleum Corporation Ltd (BPCL).

Department of Disinvestment (DoD) has circulated agenda paper for September 6 meeting, which includes barring all PSUs from participating in the disinvestment process, informed sources said in New Delhi.

CCD is also likely to consider sale of minority stake in Oil and Natural Gas Corporation (ONGC), Indian Oil Corporation (IOC) and Gas Authority of India Ltd (GAIL).

Petroleum Minister Ram Naik, who is leaving for Brazil on August 30 to attend World Petroleum Congress, would cut short his visit and return on the evening of September 5.

Naik, it is learnt, would make a presentation on issues needed to be tackled before the disinvestment of HPCL and BPCL.

It may be recalled that the Disinvestment Ministry has been pushing for sale of 36 per cent government equity in BPCL and 26 per cent in HPCL.

PTI