Reliance-BP JV Expects First Gas From KG Basin Block in Mid-2020
February 03 2020 - 7:56PM
Dow Jones News
By P.R. Venkat
A joint venture between Reliance Industries Ltd. (500325.BY) and
BP PLC (BP.LN) are expecting first gas to be produced from the
Krishna-Godavari block in India's east coast in the middle of this
year.
Peak production from the fields is expected to reach 1 billion
cubic feet equivalent per day, according to a joint statement by
the two companies late Monday.
The joint venture company has three blocks on the KG basin.
Write to P.R. Venkat at venkat.pr@wsj.com
(END) Dow Jones Newswires
February 03, 2020 20:41 ET (01:41 GMT)
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