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Reliance Industries, BP To Develop Third Gas Project In India

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Bengaluru:Reliance Industries Ltd and BP Plc said on Tuesday they would jointly develop their third project, a deep water gas field off the east coast of India.The oil majors sanctioned development of two other projects in the last two years.The three projects are expected to develop a total of about 3 lakh crore cubic feet (tcf) of discovered gas resources with a total investment of about Rs 35,000 crore ($5.04 billion).($1 = Rs 69.37)




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