{"id":445164,"date":"2021-10-26T08:28:17","date_gmt":"2021-10-26T02:58:17","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=445164"},"modified":"2021-10-26T09:23:24","modified_gmt":"2021-10-26T03:53:24","slug":"ril-to-press-kg-basin-for-higher-revenues-after-govt-hikes-gas-price-2","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/ril-to-press-kg-basin-for-higher-revenues-after-govt-hikes-gas-price-2\/","title":{"rendered":"RIL to press KG-Basin for higher revenues after govt hikes gas price"},"content":{"rendered":"<p>Mukesh Ambani-led Reliance Industries (RIL) is reaping the benefits of an increase in production from its oil and gas assets. The higher production from RIL-bp controlled Dhirubhai-6 (D6) block in the Krishna Godavari (KG) Basin will coincide with the government significantly hiking the price allowed for selling domestically produced natural gas.<\/p>\n<p>RIL\u2019s share of production from the KG-D6 basin sequentially rose by 18.4 per cent to 39.2 billion cubic feet equivalent (BCFe) during the quarter ending September 30 of the current financial year. This stood at 33.1 BCFe in April-June 2021. There was nil production from this asset in July-September 2020. \u201cCommissioning of R-Cluster and Satellite Fields in KG D6 block led to a turnaround in the oil and gas segment earnings,\u201d RIL said in a presentation.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mukesh Ambani-led Reliance Industries (RIL) is reaping the benefits of an increase in production from its oil and gas assets. The higher production from RIL-bp controlled Dhirubhai-6 (D6) block in the Krishna Godavari (KG) Basin will coincide with the government significantly hiking the price allowed for selling domestically produced natural gas. RIL\u2019s share of production from the KG-D6 basin sequentially rose by 18.4 per cent to 39.2 billion cubic feet equivalent (BCFe) during the quarter ending September 30 of the current financial year. This stood at 33.1 BCFe in April-June 2021. There was nil production from this asset in July-September [&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-445164","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\/445164","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=445164"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/445164\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=445164"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=445164"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=445164"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}