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REUTERS - India aims to acquire seismic data of 48,243 line kilometres in five years as the world's third biggest oil consumer seeks to boost its output by offering more areas for exploration, the government said on Tuesday.
The two companies will invest 29.33 billion rupees ($457.99 million) for this which will be reimbursed by the government.
"As a basis for launching future exploration and production activities, appraisal of all unappraised areas is an important task," the government said in a statement.
($1 = 64.0410 Indian rupees)
(Reporting by Mohi Narayan; Editing by Subhranshu Sahu)
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