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RIL, BP ink pact, will focus on marketing, sourcing of gas

The joint venture, India Gas Solutions, will also develop infrastructure to accelerate transportation and marketing of natural gas within the country

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FP Archives|Dec 20, 2014, 05:15:41 IST

[caption id="attachment_134651" align="alignleft" width="380" caption="Reuters"][/caption]

Energy major Reliance Industries and London-based BP Plc on Friday announced the formation of an equal joint venture in India that will focus on global sourcing and marketing of natural gas in Asia's third-largest economy.

The joint venture, India Gas Solutions, will also develop infrastructure to accelerate transportation and marketing of natural gas within the country, the companies said in a press statement.

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Reuters

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First Published:Nov 18, 2011, 17:31:26 IST
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