{"id":286454,"date":"2019-08-07T05:47:18","date_gmt":"2019-08-07T05:47:18","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=286454"},"modified":"2019-08-07T06:07:25","modified_gmt":"2019-08-07T06:07:25","slug":"rel-bp-form-joint-venture-to-set-up-5500-petrol-pumps","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/rel-bp-form-joint-venture-to-set-up-5500-petrol-pumps\/","title":{"rendered":"Rel, BP form joint venture to set up 5,500 petrol pumps"},"content":{"rendered":"<p>Reliance Industries and UK\u2019s BP plc have agreed to form a new joint venture to set up 5,500 petrol pumps and retail aviation turbine fuel to airlines in India, the two firms said on Tuesday. In a statement, the two firms said \u201cthey have agreed to form a new joint venture that will include a retail service station network and aviation fuels business across India\u201d.<\/p>\n<p>The joint venture will build on Reliance\u2019s existing fuel retailing network of near 1,400 petrol pumps and an aviation fuel business. \u201cThis joint venture will also include RIL\u2019s aviation fuels business, which currently operates at over 30 airports across India, providing participation in this rapidly-growing market,\u201d the statement said. Reliance will hold 51 per cent stake in the new joint venture, while BP will have the remaining 49 per cent.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reliance Industries and UK\u2019s BP plc have agreed to form a new joint venture to set up 5,500 petrol pumps and retail aviation turbine fuel to airlines in India, the two firms said on Tuesday. In a statement, the two firms said \u201cthey have agreed to form a new joint venture that will include a retail service station network and aviation fuels business across India\u201d. The joint venture will build on Reliance\u2019s existing fuel retailing network of near 1,400 petrol pumps and an aviation fuel business. \u201cThis joint venture will also include RIL\u2019s aviation fuels business, which currently operates at [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,211,144],"tags":[],"class_list":["post-286454","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-pioneer","category-the-pioneer"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/286454","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=286454"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/286454\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=286454"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=286454"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=286454"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}