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Reliance Industries signs deal to sell CB10 block stake to Sun Petro

As part of its rationalisation strategy, the company has exited its entire conventional oil and gas blocks portfolio outside India

Reliance Industries  |  Reliance  |  Oil And Gas

Industries signs deal to sell CB10 block stake to Sun PetroOil-to-telecom conglomerate Industries (RIL) has entered into an agreement with Sun Petrochemicals to sell its stake in the Cambay Basin-10 (CB10) block in Gujarat as part of its portfolio rationalisation strategy. The company, however, has not disclosed the deal size.



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First Published: Thu, August 09 2018. 15:20 IST