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The price of gas between October 1, 2015 and March 31, 2016 was USD 3.81 per mmBtu and USD 4.66 in prior six month period. (Representational image)

Govt nod to RIL, BP acquiring Niko's 10 per cent stake in gas block

RIL is operator of block with 60 per cent interest while BP of UK has the remaining 30 per cent stake.

26 Jan 2018 1:07 PM IST

InVIT will acquire 100 per cent equity interest in Pipeline Infrastructure Pvt Ltd, owner and operators of the pipeline that transports Reliance Industries Ltds eastern offshore KG-D6 gas to customers, according to a statement issued by RIL.

Reliance, BP take over Niko's 10 pc stake in KG-D6 block

Reliance and BP plan to split Niko's share in proportion to their existing shareholding in the block.

15 Sept 2019 12:54 PM IST