Kg Basin Gas
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and Cairn India consortium has notified a major oil and gas discovery in the KG-ONN-2003/1 onshore block in Krishna Godavari basin off the East Coast with an estimated of 550 million barrels equivalent of in-place oil and gas reserves.
May 23, 2012 at 10:44 | Source: MoneyControl.com
Since NTPC is able to pass on benefits of the market-based reasonable costs to its customers, the government should weigh the overall benefits to the nation of getting the arms-length price for the precious national asset of KG basin gas reserves.
May 25, 2012 at 17:37 | Source: Deccan Herald
No respite is in sight for the gas-starved power and fertiliser companies as production from Reliance Industries’ (RILs) D6 block in the Krishna Godavari (KG) basin will take at least two years from the date its integrated development plan ...
May 28, 2012 at 02:53 | Source: Daily News and Analysis
has stated that its Krishna Godavari basin deepsea gas find is not viable at a rate less than $5.2 per mmBtu. ONGC's UD-1 find in block KG-DWN-98/2 sits next to Reliance Industries' KG-DWN-98/3 or KG-D6 block for which the government has fixed $4.205 per ...
May 27, 2012 at 06:07 | Source: Business Standard
In the latest episode in its dispute with the government, Reliance Industries has moved the Supreme Court seeking appointment of an arbitrator over cost issues surrounding the KG basin gas field Slipping Profits: Mukesh Ambani-led Reliance Industries has ...
May 18, 2012 at 16:12 | Source: MSN India
RIL pumps gas from the D6 block of the Krishna-Godavari (KG) basin and has asked the government to link the price of gas to market rates. It has sought a threefold increase in rates. The empowered group of ministers (eGoM) headed by finance minister Pranab ...
May 21, 2012 at 18:39 | Source: Livemint.com
EGoM fixed the price for 5 years and it needs to decide on RIL’s revision demand, says Vahanvati The government’s top law officer has said deciding on revising the price of gas from the D6 field of the Krishna-Godavari (KG-D6) basin before April 2014 ...
May 20, 2012 at 18:47 | Source: Business Standard
has stated that its Krishna Godavari basin deepsea gas find is not viable at a rate less than USD 5.2 per mmBtu. ONGC's UD-1 find in block KG-DWN-98/2 sits next to Reliance Industries' KG-DWN-98/3 or KG-D6 block for which the government has fixed USD 4.205 ...
May 27, 2012 at 06:21 | Source: in.com
With KG-D6 field output dropping from 61.5 million cubic meters per day to 32.66 mmscmd over two years, the government has made a pro-rata cut in gas supplies to 25 power plants who were allocated gas from Krishna Godavari basin fields. The plants ...
May 21, 2012 at 11:08 | Source: Livemint.com
Canadian oil exploration major Niko Resources, Reliance Industries’ 10% partner in the D6, remains hopeful of higher gas production from the block ... also said recently that output from the KG D6 basin is expected to come down to 20 mmscmd ...
May 28, 2012 at 03:50 | Source: Daily News and Analysis