April 30, 2008 / 12:33 PM / 9 years ago

India's Reliance buys stake to explore oil in Peru

NEW DELHI, April 30 (Reuters) - India's Reliance Industries Ltd (RELI.BO) has signed an agreement to buy a 90 percent stake in an explortion block in Peru, the head of the company's petroleum division, P.M.S. Prasad, said on Wednesday. (Reporting by Nidhi Verma; Editing by Mark Williams)

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