Reliance O2C gets bulk of own gas Auction held under the liberalised price discovery rules notified by the govt that allowed affiliates of the gas producer to bid and buy natural gas
Billionaire Mukesh Ambani’s Reliance Industries has picked up two-thirds of its own new gas from the KG-D6 block that was auctioned under the new rules with state-owned GAIL and Royal Dutch Shell getting smaller volumes, sources said.
Reliance and its partner UK’s BP Plc on Friday auctioned 7.5 million standard cubic metres per day (mscmd) of incremental gas from the R-series gas field in the KG-D6 block, benchmarking it to a gas marker for the very first time in the country.
Billionaire Mukesh Ambani s Reliance Industries has picked up two-thirds of its own new gas from KG-D6 block that was auctioned under new rules with state-owned GAIL and Royal Dutch Shell getting smaller volumes, sources said. Reliance and its partner UK s BP Plc on Friday auctioned 7.5 million standard cubic metres per day of incremental gas from the R-series gas field in the KG-D6 block, benchmarking it to a gas marker for the very first time in the country. The auction was held under the liberalised price discovery rules notified by the government that allowed affiliates of the gas producer to bid and buy natural gas.
Reliance Buys Two-thirds Of Own Gas From KG-D6; GAIL, Shell Among Other Buyers moneycontrol.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from moneycontrol.com Daily Mail and Mail on Sunday newspapers.
Reliance buys two-thirds of own gas from recently auctioned KG-D6
Mukesh Ambani, chairman and managing director, Reliance Industries
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. Updated: 07 Feb 2021, 12:19 PM IST PTI
Billionaire Mukesh Ambani s Reliance Industries has picked up two-thirds of its own new gas from KG-D6 block that was auctioned under new rules with state-owned GAIL and Royal Dutch Shell getting smaller volumes
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Billionaire Mukesh Ambani s Reliance Industries has picked up two-thirds of its own new gas from KG-D6 block that was auctioned under new rules with state-owned GAIL and Royal Dutch Shell getting smaller volumes, sources said.
Reliance and its partner UK s BP Plc on Friday auctioned 7.5 million standard cubic metres per day of incremental gas from the R-series gas field in the KG-D6 block, benchmarking it to a gas marker for the very first time in the country.
CHENNAI, Dec 30 (Reuters) – India’s Reliance Industries Ltd and UK’s BP Plc on Wednesday invited companies to bid for gas produced from the KG D6 basin. They expect to sell the gas from February.
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Try refreshing your browser, or Reliance-BP consortium invites bidders for gas from KG D6 basin Back to video “The gas produced for KG D6 will be available for sale at the delivery point at Gadimoga near Kakinada, Andhra Pradesh tentatively from 01 February 2021,” the companies said in a notice in the Times of India newspaper. CRISIL Risk and Infrastructure Solutions Ltd, a unit of S&P Global Inc, will conduct the bidding process through an online platform, the notice said.