Reliance-BP invites bids for 7.5 mmscmd of gas from KG-D6, priced against international benchmark ...Middle East

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Reliance-BP invites bids for 7.5 mmscmd of gas from KG-D6, priced against international benchmark
source : Devdiscourse ( Middle East ) () 62
Reliance Industries and its partner UK's BP Plc on Wednesday invited companies to bid for incremental gas it plans to produce from the second-wave discoveries in the KG-D6 block, pricing them for the very first time against an international gas benchmark. While Reliance-BP had in November 2019 sold the first 5 million standard cubic meters per day of gas from the R-Series field in the KG-D6 block, the duo has now invited bids for 7.5 mmscmd of incremental output that is likely to be available from February next year, according to a notice inviting offer.

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