Feb 19 (Reuters) - India's Reliance Industries said the company and its partner BP Plc plan to jointlyinvest more than $5 billion over the next three to five years toboost output at a key natural gas field off India's east coast.
The D6 block in Krishna Godavari basin is jointly operatedby the two energy companies and was expected to contribute up toa quarter of the gas supply for Asia's third-largest economy,but output from the block has been declining.
The two companies are planning to invest in a series ofprojects to develop around 4 trillion cubic feet of discoverednatural gas resources from the block, Reliance said in astatement on Tuesday.
BP (BP.)
