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Reliance returns to oil indexation for KG gas, seeks buyers for 4 mmscmd

"The consortium issued a notice inviting offer dated October 27, 2023 and invited offers from interested companies to offtake gas from the gas fields on the price basis specified in Request for Proposal (RFP), commencing from December 1, 2023 at the delivery point located in Gadimoga, Andhra Pradesh," the tender document said. ....

United Kingdom , South Korea , Indian Oil Corporation , Reliance Industries Ltd , Andhra Pradesh , Dated Brent , Kg D6 , Oil Indexation , Kg Gas , Kg D6 Gas , Reliance Returns ,

RIL-BP consortium seeks bids for sale of additional gas from KG D6 basin


RIL-BP consortium seeks bids for sale of additional gas from KG D6 basin
RIL and BP Exploration Alpha Ltd are currently producing and developing deep water gas fields in the KG D6 block under the production sharing contract with the Indian government.
BusinessToday.In | April 1, 2021 | Updated 17:01 IST
In December, the companies had announced start of production from R Cluster, an ultra-deep-water gas field in block KG D6.
Reliance Industries Ltd (RIL), along with its partner BP, has sought bids from companies to sell the additional gas produced from KG D6 basin off the east coast of India.
RIL and BP Exploration Alpha Ltd are currently producing and developing deep water gas fields in the KG D6 block under the production sharing contract with the Indian government. ....

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