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The Times of India
The Times of India
Business
PTI

Reliance suspends gas auction after change in marketing rules

Reliance MA BP PLC Reliance Industries Natural Gas New Delhi

NEW DELHI: Reliance Industries and its partner bp plc on Monday suspended a planned auction for the sale of natural gas from their eastern offshore KG-D6 block after the government altered marketing rules to cap margins.

In a notice, Reliance and its partner BP Exploration (Alpha) Ltd (BPEAL) said the auction has been suspended indefinitely.

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