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Reliance Industries to sell its entire stake in Cambay Basin to Sun Petrochemicals, says report

Updated : July 30, 2018 09:59 AM IST

RIL will sell its entire 70 percent stake in the block for an undisclosed sum to the Dilip Shanghvi-promoted firm.
The remaining stakes in the oil and gas block CB-ONN-2003/1 is held by BP India.
The sale would mean that the RIL’s control over the block will now be limited to only four blocks in the area.
Reliance Industries to sell its entire stake in Cambay Basin to Sun Petrochemicals, says report

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