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ASIA

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

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. BP and Reliance...

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