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RIL, BP in Talks to Acquire Stake in LNG Import Terminal
India Gas Solutions, the new joint venture company of Reliance Industries and BP is in talks to acquire a stake in an existing operator of a liquefied natural gas (LNG) import terminal, according to reports.

Reports stated that the joint venture was set up for gas marketing and infrastructure and is expected to count on BP's global portfolio to source LNG.

Earlier RIL had entered into a two-year pact with Hazira LNG to import spot LNG every month, says report.

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