18 November 2011
Reliance Industries (RIL)
BP
India Gas Solutions Pvt. Ltd.
a 50 : 50 joint venture company
focus on global sourcing and marketing of natural gas in India
developing infrastructure to accelarate transportation and marketing of
natural gas within the country
Demand for gas has been growing at an exponential rate and
we anticipate natural gas to emerge as the preferred choice of fuel
given its properties as a cleaner and sustainable fuel source
This joint venture will assume the administration of the existing
gas contracts to KGD6 customers and will also
pursue other opportunities, including LNG import