EGoM allocates additional 20 MMSCMD of gas from KG D6 - NetIndian

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Oil and gas major Reliance Industries Limited (RIL), led by industrialist Mukesh Ambani, today welcomed the decision taken by the Empowered Group of Ministers (EGoM) headed by Finance Minister Pranab Mukherjee to allocate an additional 20 MMSCMD of gas on a firm basis from the company's Krishna Godavari (KG) D6 block.

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At its meeting here today, the EGoM also allocated another 30 MMSCMD of gas on a fallback basis from the block. "With the additional allocation, we will be able to increase and maximize production for the benefit of all stakeholders. The additional allocation will also increase the overall customer base for supply of gas thereby avoiding frequent changes in the production level from the block," a spokesperson for RIL said.

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This page contains a single entry by Viraj published on October 27, 2009 10:01 PM.

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