Hardy eyes stake in RIL gas block

Hardy eyes stake in RIL gas block

FPJ BureauUpdated: Friday, May 31, 2019, 08:33 PM IST
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New Delhi : UK’s Hardy Oil & Gas plc said it is in talks to acquire Reliance Industries’ entire 90 per cent stake in a gas discovery block off the Gujarat coast. RIL wants to exit Gujarat-Saurashtra offshore basin block (GS-01) as it feels that reserves discovered so far are not economically significant.

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