Wednesday, April 1, 2009

Reliance Industries

Shares of Reliance Industries have edged higher by 0.5% to Rs1523 after reports stated that the company is close to signing KG gas sale agreements with over 6 power companies including Dhabol. Reports also stated that the
company stopped production of crude at KG-D6 for 45 days to bring more wells into operation, thus raising output to peak of 40,000 barrels per day.
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