Indian energy major Reliance Industries and London-based BP Plc on Friday announced the formation of an equal joint venture in India that will focus on global sourcing and marketing of natural gas in Asia's third-largest economy.

The joint venture, India Gas Solutions, will also develop infrastructure to accelerate transportation and marketing of natural gas within the country, the companies said in a press statement.

(Reporting by Sumeet Chatterjee; editing by Malini Menon)