Market price key to developing gas resources of the east coast: Mukesh Ambani

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 Market price key to developing gas resources of the east coast: Mukesh Ambani
Market price was key to developing gas resources of the East Coast, Mukesh Ambani, Chairman of Reliance Industries told shareholders at the company's Annual General Body meeting today.

Speaking on the company's hydrocarbon initiatives, he said Reliance plans to start production from coal-bed methane block in Madhya Pradesh in 2015-16.

He also added the Reliance Industries was assessing potential of new gas discoveries in India and would work in partnership with all stakeholders in oil and gas operations

He also said that the company was evaluating opportunities to expand presence in Venezuela.

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Read more about: mukesh ambani, reliance
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