RIL-BP front-runner for picking 25% stake in Mundra Terminal

Reliance Industries-BP combine is leading the race for picking up 25 per cent stake in Gujarat government's planned LNG import terminal at Mundra, officials said.

India Gas Solutions Pvt. Ltd. - the equal joint venture between the Mukesh Ambani - led firm and Europe's second largest oil firm - is among the three companies shortlisted by Gujarat government for giving out 25 per cent stake in the Mundra terminal.