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
(Mint)Premium
. 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
Share Via
Read Full Story
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.
Read more about Petrol hits all-time high of Rs 86.95 in Delhi, touches Rs 93.49 in Mumbai on Business Standard. Petrol price soared by 30 paise to Rs 86.95 a litre in the national capital on Friday. This marks the highest ever price at which petrol has been sold in New Delhi