RIL could be penalised for gas shortfall: Source

The government is considering a penalty for Reliance Industries for falling short of targeted gas production at its D6 block, an oil ministry source said on Wednesday.

April 27, 2011 / 16:59 IST

The government is considering a penalty for Reliance Industries for falling short of targeted gas production at its D6 block, an oil ministry source said on Wednesday.

The gas from the block is sold to buyers prioritised by the government.

Reliance is pumping 28% less gas than it should from the key block, India's upstream regulator said earlier this month and added it would meet with the company.

Reliance has just partnered with multinational operator BP on field development.

first published: Apr 27, 2011 03:01 pm

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