KG D6
Reliance KG Basin audit to take 5 months: CAG
India’s top auditor CAG has said that audit of the D-6 oil block in the Krishna-Godavari basin operated by Reliance Industries is likely to take 4-5 months more to be finished.
“We require 4-5 months to complete the audit… The process would take time, as this is the first time that we are looking at a [...]
Reliance KG D6 gas saves 32% in fertilizer subsidy: Govt
Reliance Industries’ KG-D6 gas has saved 32 per cent in fertiliser subsidy as urea making plants shifted from costlier liquid fuels to cheaper gas, the Rajya Sabha was informed today.
“The reduction in naphtha usage in existing gas-based unites has reduced the subsidy cost to the government by approximately 32 per cent. The reduction in subsidy [...]
Reliance KG D6 gas saves 32% in fertilizer subsidy: Govt
Reliance Industries’ KG-D6 gas has saved 32 per cent in fertiliser subsidy as urea making plants shifted from costlier liquid fuels to cheaper gas, the Rajya Sabha was informed today.
“The reduction in naphtha usage in existing gas-based unites has reduced the subsidy cost to the government by approximately 32 per cent. The reduction in subsidy [...]
NTPC needs additional gas from KG
State-run power producer NTPC is likely to sign contracts next week to buy an additional 1.51 million cubic meters a day of gas from Reliance Industries at government-approved price of $4.2 per mmBtu.
The additional gas would be used at NTPC’s Anta and Auriya plants in Rajasthan, Dadri unit in Uttar Pradesh and Faridabad plant in [...]
RIL makes 4 new gas discoveries at KG D6
Mukesh Ambani – led Reliance Industries has informed oil regulator DGH that four smaller gas finds surrounding the D-1 and D-3 fields in the Krishna-Godavari basin can be commercially exploited.
RIL on February 19 informed the oil regulator Directorate General of Hydrocarbons (DGH) that four smaller gas finds, surrounding the D-1 and D-3 fields, which are [...]
RIL: Supply contraints restrict KG-D6 gas output at 63 mmscmd
Mukesh Ambani-led Reliance Industries today said it is producing 63-64 million standard cubic meters per day of gas from KG-D6 fields, over 20 per cent less than the potential due to constraints in pipelines transporting the fuel to consumers.
“We have already tested facilities for producing (peak output of) 80 mmscmd (from eastern offshore KG-D6 fields) [...]
Gas production surpasses oil for the first time in 2009-10
Natural gas from Reliance Industries’ prolific D6 field has generated savings worth thousands of crores of rupees for power and fertiliser companies, the main users of the gas.
Commercial production from the field in the Krishna Godavari (K-G) basin started on April 2 last year.
The gas-based power industry is estimated to have saved Rs 6,000 crore [...]
Govt to review Reliance’s gas allocation from KG basin
The Government intends to review the allocation of Reliance’s gas produced from the Krishna Godavari (KG) Basin D6 field. It could re-fix allocation as per the amounts drawn so far by the customers.
Ministry officials told Business Line that the Petroleum Secretary, Mr S. Sundareshan, had conducted a review meeting recently on off-take of KG gas [...]
Reliance’s KG Basin gas to flow from 2012
Union Petroleum Secretary S Sundareshan on Saturday said that south India will start getting natural gas from the Krishna-Godavari basin from 2012.
The Ministry of Petroleum and Natural Gas had called for a meeting of Reliance Industries Ltd (which owns the gas fields) and Gas Authority of India Ltd (which lays pipelines) about ten days ago [...]
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