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RIL, BP to invest about Rs. 6000 crore to improve gas recovery

Industry Petroleum & Natural Gas

Reliance Industries along with BP plc of UK, is planning to invest about Rs. 6,000 crore by 2016 to help sustain and improve recovery from the two main gas fields in the eastern offshore KG-D6 block. According to Sashi Mukundan, BP India head, the two firms are working to develop 3-4 Trillion cubic feet of gas discoveries off the east coast.

Extracted from The Hindu, Jan 28,’15

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