BP makes $US7.2B Indian farm-in

BP has acquired a 30% stake in 21 production sharing contracts operated by India's largest private oil and gas company Reliance Industries, including the producing Krishna Godavari D6 block, for $US7.2 billion ($A6.7 billion).

BP makes $US7.2B Indian farm-in BP makes $US7.2B Indian farm-in BP makes $US7.2B Indian farm-in BP makes $US7.2B Indian farm-in BP makes $US7.2B Indian farm-in

The acquisition paves the way for an alliance between the two companies that will operate across the gas value chain in India from exploration and production to distribution and marketing.

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