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Reliance, BP invite bids for sale of gas from KG D6 basin R Cluster is the first in trio of projects that account for 25 per cent of domestic production of these companies; S&P Global's unit CRISIL Risk and Infrastructure Solutions Ltd will conduct online auction process BusinessToday.In | December 30, 2020 | Updated 14:34 IST Together these three projects are expected to meet 15 per cent of India's gas demand by 2023 Reliance Industries Ltd and UK's BP Plc have invited companies to bid for the sale of gas produced from the KG D6 basin, which will be available from February 1. Both the energ...

Reliance And BP Invite Bids For Sale Of Gas Produced From KG D6 Basin Reliance Industries chairman Mukesh Ambani. Reliance Industries Limited (RIL) and BP Exploration Alpha Limited (BPEAL) have invited bids through online platform companies for the gas produced from the KG D6 basin in Kakinanda. In a public notice, RIL and BP while inviting bids said they expect to sell the gas from 1 February 2021. "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," RIL and BP said in the notice. Crisil Ris...

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sebos/Adobe Stock The beginning of production at what is now Asia’s deepest offshore natural gas field will increase the share of natural gas India’s energy basket. India set to strengthen natural gas production A few days ago, Reliance Industries Limited (RIL) and BP announced the start of production from the R Cluster, ultra-deepwater gas field in block KG D6 off the east coast of India. RIL and BP are developing three deepwater gas projects in block KG D6: R Cluster, Satellites Cluster and MJ – Together, RIL said it expects the projects to meet over 15% of India’s natural gas dem...

The natural gas storage report from the EIA for the week ending December 11th indicated that the quantity of natural gas held in underground storage in the US had decreased by 122 billion cubic feet to 3,726 billion cubic feet by the end of the week, which left our gas supplies 284 billion cubic feet, or still 8.3% higher than the 3,442 billion cubic feet that were in storage on December 11th of last year, and 243 billion cubic feet, or 7.0% above the five-year average of 3,483 billion cubic feet of natural gas that have been in storage as of the 11th of December in recent years....the 122 bi...