Reliance of India and BP boost East Coast natural gas output to offset some LNG needs with latest field
Reliance Industries Limited, the Indian conglomerate and a leading energy company supplying rising domestic gas volumes to supplement LNG imports, has started up a third gas field in the Krishna Godavari Basin KG-D6 block on the East Coast of India in a joint venture with BP of the UK.
Indian gas producer Reliance in competition to LNG breaks records for over-subscribed $4Bln Notes
Reliance Industries, the Indian company with growing natural gas output offshore eastern India in competition to LNG, has succeeded with the first ever jumbo US dollar Notes issuance from India for $4 billion, which was almost three-times over-subscribed, and showed the money-raising power of overseas oil and gas.
BP and Reliance start up Indian offshore natural gas project that will reduce LNG import requirements
UK major BP and India's Reliance Industries Ltd have started production from an ultra-deep-water block in the Krishna Godavari Basin offshore the East Coast of India as part of a project that will eventually supply about 15 percent of India’s domestic gas needs and slightly reduce the nation's LNG import requirements, though overall demand is forecast to increase in the years ahead.
Reliance and BP proceed with second phase of $6Bln natural gas project offshore India
BP of the UK and one of India’s largest conglomerates, Reliance Industries, have taken a final investment decision to develop the second phase of a $6-billion deepwater natural gas project to open new Indian production when the nation is also increasing its LNG imports and expanding its regasification and pipeline infrastructure.
