Reliance-BP to auction more gas from KG-D6 block this month
NEW DELHI: Reliance IndustriesNSE -1.49 % and its partner BP plc of UK will this month offer for sale more natural gas from its KG-D6 block to users as it prepares to put into production second wave of discoveries in the eastern offshore block.
Reliance-BP is likely to offer as much as 5 million standard cubic meters per day (mmscmd) of natural gas for bidding from newer discoveries in KG-D6 in next few days, sources aware of the development said.
The volume to be offered is the same as the one the company bid out in November last year.
E-mails sent to Reliance and BP for comments remained unanswered.
