RIL, BP's new deep-water gas field to get govt capped price of $4.06 a unit: Report
A file photo of a drilling platform at RIL’s KG-D6 exploration block.
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. Updated: 20 Dec 2020, 03:29 PM IST PTI
This, even though they have discovered a higher rate in an open market auction, sources said
Reliance-BP in November 2019 auctioned initial gas from the R-Series field at a biddable percentage of Brent crude oil price
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New Delhi: Reliance Industries and its partner BP will get only USD 4.06 a unit for the new gas they have started to produce from the eastern offshore KG-D6 field even though they have discovered a higher rate in an open market auction, sources said.