RIL-BP to Triple Gas Output
from KG-D6 by 2021-22
New Delhi : Reliance Industries and its
partner BP plc will nearly triple natural
gas production from their eastern offshor
KG-D6 block by 2021-22 in anticipation
a ‘right’ gas price covering their
exploration risk.
KG-D6 block, which produced an averag
of 11.5 million standard cubic meters p
day of gas in January-March quarter, will
see output rise to 30-35 mmscmd by
2021-22, according to a presentation RI
BP gave at a meeting in Prime Minister’s
Office (PMO) last week.
The output rise will come from R-series,
4-satellite and other satellite fields and
MJ-1 fields, they told the meeting which
was attended by Principal Secretary to
Prime Minister Nripendra Misra and
Cabinet Secretary Ajit Seth.
The meeting called to review exploration
issues and review gas production plans,
was also attended by Finance Secretary
Rajiv Mehrishi, Chief Economic Adviser
Arvind Subramanian, NITI Aayog membe
Bibek Debroy and officials from the
ministries of oil and coal.
wellsindia 