Reliance Industries completes sale of 25% stake in Yemen oil block to Medco Energi

Dec 05 2012, 13:22 IST
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Reliance Exploration signed documents for divestment of its 25% working interest: RIL. (Reuters) Reliance Exploration signed documents for divestment of its 25% working interest: RIL. (Reuters)
SummaryReliance Exploration signed documents for divestment of its 25% working interest: RIL

cutting exposure in exploration blocks to focus on producing properties.

After the exit from Kurdistan and Yemen, RIL now is left with a portfolio of 10 overseas oil and gas assets including two each in Peru, Yemen, Oman and Colombia and one each in East Timor and Australia.

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