India's Reliance Industries plans a total spending on the three US shale gas projects of about US$4-4.5
billion by 2014. The company is in no hurry to forge more such partnerships for now. The spennding will start ramping up in 2011 and hit a plateau in 2013/14 when RIL would have between the three partnerships drilling of about 500-600 wells per year.
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Tuesday, November 02, 2010
Reliance to invest upto US$4.5 bln in three US shale gas
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