{"id":300326,"date":"2019-11-11T10:30:52","date_gmt":"2019-11-11T05:00:52","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=300326"},"modified":"2019-11-11T11:16:03","modified_gmt":"2019-11-11T05:46:03","slug":"reliance-industries-cuts-base-price-for-new-gas-by-7-from-kg-d6-block","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/reliance-industries-cuts-base-price-for-new-gas-by-7-from-kg-d6-block\/","title":{"rendered":"Reliance Industries cuts base price for new gas by 7% from KG-D6 block"},"content":{"rendered":"<p>Reliance Industries (RIL) has cut by about 7 per cent the minimum price it is seeking for the natural gas it plans to produce from newer fields in the Bay of Bengal KG-D6 block, after key customers such as fertiliser plants protested over the high base price, sources said. <\/p>\n<p>RIL and partner BP are seeking bids from potential users for the 5 million standard cubic metres per day of gas they plan to produce from the R-Cluster Field in KG-D6 from mid-2020. <\/p>\n<p>Bidders have been asked to quote a price (expressed as a percentage of the dated Brent crude oil rate), supply period and volume required. Dated Brent means the average of published Brent prices for three calendar months preceding the relevant contract month in which supplies are made.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reliance Industries (RIL) has cut by about 7 per cent the minimum price it is seeking for the natural gas it plans to produce from newer fields in the Bay of Bengal KG-D6 block, after key customers such as fertiliser plants protested over the high base price, sources said. RIL and partner BP are seeking bids from potential users for the 5 million standard cubic metres per day of gas they plan to produce from the R-Cluster Field in KG-D6 from mid-2020. Bidders have been asked to quote a price (expressed as a percentage of the dated Brent crude oil [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,169],"tags":[],"class_list":["post-300326","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-oil-gas-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/300326","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=300326"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/300326\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=300326"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=300326"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=300326"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}