Reliance Industries Ltd, in partnership with bp Plc, has gained government sanction to invest in augmenting gas production from the KG-D6 block in the Bay of Bengal. The move is expected to add 4 to 5 million standard cubic meters per day to India’s gas output, currently at 30 mmscmd. Sanjay Roy, Reliance’s senior VP for exploration and production, revealed the approval during an investor call. The incremental development plan aims to enhance existing production over the next few years, though specific investment details remain undisclosed.
Reliance Secures Approval for Investment Boosting KG-D6 Block Gas Output
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