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Reliance Industries Ltd, Partners To Spend INR22,000 Crore On Gas Field-Business Standard


Thursday, 21 Jun 2012 08:00pm EDT 

Business Standard reported that Reliance Industries Ltd and its partners BP plc and Niko Resources Ltd. plan to spend $4 billion (INR22,000 crore) to develop satellite gas fields off India's east coast. Reliance holds 60% of the D6 block, BP has 30% and the rest is held by Canadian oil and gas producer Niko.