Sunday 22 March 2009

Reliance Gas Deal

Reliance Industries is expected to sign a deal with some of the country's fertiliser firms to sell gas from its Krishna-Godavari Basin, the Hindu Business Line reported on Monday, citing anonymous sources.
Reliance was expected to seal the gas sale deal with 12 fertiliser firms next week, the newspaper said quoting unnamed sources.
It said fertiliser firms had initially rejected the agreement as they objected to certain clauses.
Reliance is due to begin pumping natural gas from the deep-sea block in weeks.

source : in.news.yahoo.com/137/20090323/744/tbs-reliance-fertiliser-cos-to-sign-gas.html

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