Indian Oil Corporation (IOC), Adani-Total Gas Ltd and Shell were among the 29 companies that bid and bought natural gas to be produced from the deepest field in the KG-D6 block of Reliance Industries and BP, sources said.
IOC walked away with almost half of the 6 million standard cubic meters per day (mscmd) of gas sold in an e-auction on Wednesday while state-owned gas utility GAIL bought 0.7 mscmd, Adani-Total Gas Ltd 0.4mscmd, Shell 0.5mscmd, GSPC 0.25mscmd and IGS another 0.5mscmd, two sources with knowledge of the matter said.
Reliance-BP on Wednesday held an e-auction for the sale of gas from the MJ field in their eastern offshore KG-D6 block.