November 11, 2009 / 12:16 PM / 10 years ago

Reliance may sell stake in foreign blocks

Reliance Industries' KG-D6 facility located in Andhra Pradesh is pictured in this undated handout photo. REUTERS/Reliance Industries/Handout

NEW DELHI (Reuters) - Reliance Industries may sell stakes in some of its overseas exploration blocks, Executive Director P.M.S. Prasad told reporters on Wednesday.

“This is a part of our strategy. We have done it in the past and we are serious about it,” he said.

(Reporting by Nidhi Verma; Editing by John Mair)

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