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Reliance Industries, BP Plc to buy Niko Resources 10 percent stake in NEC-25 gas block Reliance Industries, BP Plc to buy Niko Resources 10 percent stake in NEC-25 gas block Reliance Industries And British Energy Giant BP Plc Will Take Over Their Cash-strapped Partner Niko Resources 10 Per Cent Stake In Gas Discovery Block NEC-25 News Nation Bureau | Edited By : Gautam Lalotra | Updated on: 30 Apr 2017, 11:26:14 AM New Delhi: Reliance Industries and British energy giant BP Plc will take over their cash-strapped partner Niko Resources 10 per cent stake in gas discovery block NEC-25 in the Bay of Bengal. In mid-2015, Niko had chosen to withdraw from the NEC-25 block and relinquish its interest to the remaining stakeholders. RIL is the operator of the block with 60 per cent interest while BP of the UK has the remaining 30 per cent stake. ....