Reliance says on track to produce gas from newer fields by mid-2020

Reliance Industries Ltd has said that it is on track to start production from a new gas field in the flagging KG-D6 block in the Bay of Bengal from mid-2020 even as output from its existing fields continued to fall.

Reliance and its partner BP Plc of the UK had in June 2017 announced an investment of ₹40,000 crore in the three sets of discoveries to reverse the flagging production in KG-D6 block.

These finds were expected to bring a total 30-35 million cubic metres (1 billion cubic feet) of gas a day onstream, phased over 2020-22.