Reliance Industries Ltd.

Reliance Industries (RIL) and BP have sanctioned the ‘Satellite cluster’ project in Block KG D6. The companies are moving forward to develop the Block’s discovered deep-water gas fields in an integrated series of projects, bringing new gas production for India.

The ‘Satellite cluster’ is the second of three projects in the Block KG D6 integrated development. The three projects will develop a total of about 3 trillion cubic feet of discovered gas resources with a total investment of Rs 40,000 crore. The companies are expected to bring a total of 30-35 million cubic metres (1 billion cubic feet) of gas a day new domestic gas production onstream, phased over 2020-2022.

RIL 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.