Falling production from KG-D6 drags down national gas output

New Delhi: Falling output from Reliance-BP’s KG-D6 fields is weighing on India’s overall natural gas production.

The block’s 8% annual decline in the first half of the fiscal year, along with a 2% drop from ONGC’s fields, dragged national output by 3%, according to oil ministry data and Reliance Industries’ presentation.

Average KG-D6 gas production slipped to 26.1 million metric standard cubic meters per day (mmscmd) in the July-September quarter from 28.5 mmscmd a year earlier. A slight rise in gas prices partly offset the lower volumes, but RIL’s upstream operating profit still fell 5.4% to ₹5,002 crore in the second quarter.