Mukesh Ambani’s Reliance Industries Ltd and Britain’s BP Plc today announced the commencement of gas production from ultra-deep-water gas field in block KG D6 R-Field of Krishna Godavari basin. The project will be the first of the three projects that are expected to meet 15% of India’s gas demand, and account for nearly 25% of domestic production. Oil-to-telecom conglomerate Reliance Industries is the operator of KG D6 with a 66.67% participating interest and BP holds a 33.33% participating interest.
