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Reliance Industries-BP to auction more gas from KG-D6 block

10 Feb 2020 Evaluate

Reliance Industries (RIL) and its partner BP plc of UK is planning to auction more natural gas from its KG-D6 block to users as it prepares to put into production second wave of discoveries in the eastern offshore block. Reliance-BP is likely to offer as much as 5 million standard cubic meters per day (mmscmd) of natural gas for bidding from newer discoveries in KG-D6 in coming days.

Reliance Industries is India’s largest private sector company. The company’s activities span hydrocarbon exploration and production, petroleum refining and marketing, petrochemicals, retail and 4G digital services.


Peers
Company Name CMP
Reliance Industries 1178.10
Indian Oil Corpn. 125.55
Bharat PetroleumCorp 286.35
HPCL 328.85
MRPL 174.25
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