Hottest BP signs $7.2 billion oil and gas agreemen

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BP signed a $7.2 billion oil and gas agreement with India

BP announced that it had signed a $7.2 billion cooperation agreement with Reliance Industries in India; It is proposed that he will hold shares in some important oil and gas fields of reliance, which are approved by the General Administration of quality supervision, inspection and Quarantine of the people's Republic of China to prepare for the establishment of the national printed circuit board quality inspection center, with over-current, over-voltage, overload and other protective devices, and the two sides will also establish a joint venture selling natural gas

bp pointed out that it will hold 30% shares in 23 oil and gas fields, and will also establish a joint venture with reliance for natural gas exploration and marketing with 50% shares each. The agreement stipulates that BP will pay reliance up to $1.8 billion based on its future performance. Today, BP pointed out that its total investment in joint ventures will reach up to $20billion

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