Wednesday, December 05, 2007

Reliance seeing $10-15 bn upstream acquisition

According to Agencies reports, Reliance is looking at USD 10-15 billion upstream acquisition, reports CNBC-TV18. The company aims to produce 3 lakh bpd (barrels per day) from its overseas assets. Reliance has also said that it aims to consolidate its overseas assets in the next one year, Agencies reports add.

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