Apr 10, 2012 08:32 AM IST | Source: CNBC-TV18

BP makes $1bn pitch to OilMin, seeks urgent nod for surveys

With KG-D6 output hitting an all- time low, Reliance Industries and its British partner BP have made a billion dollar pitch to petroleum minister Jaipal Reddy.

With KG-D6 output hitting an all- time low, Reliance Industries and its British partner BP have made a billion dollar pitch to petroleum minister Jaipal Reddy.

Sources say BP has written to the oil ministry stating that the integrated development plan for the KG-D6 fields will help BP and Reliance save USD 1 billion

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