With the CAG criticising it for violating the contract for its showpiece KG D6 gas fields, Reliance Industries on Thursday said it remains compliant with all contractual provisions, including following
National auditor CAG today castigated the Oil Ministry for allowing Reliance Industries to retain its entire eastern offshore KG-D6 block in contravention of the Production Sharing Contract, but did not
Reliance Industries' prized KG D6 gas fields have seen output drop over 27% to around 47 million standard cubic meters per day in June, Oil Ministry said today.
"Production from
Reliance Industries (RIL) has shutdown production facilities at an oil field in its showpiece KG-D6 block off the Andhra coast for maintenance without any impact on production till now.
RIL
The prized KG D6 fields of Reliance Industries produced 31% less than previously projected natural gas output in the April-June quarter, Oil Ministry said today.
"The average gas production during
Government auditor CAG today said it is in the process of finalising its report on Reliance Industries's KG-D6 gas fields.
Refuting allegation by the Reliance Industries that it was not
Reliance Industries has said its eastern offshore KG-D6 gas field development cost is much less than what Gujarat government company GSPC and state-owned ONGC are spending on projects in the
Stating that the allegations of gold-plating of its KG-D6 gas field costs was the handiwork of corporate rivals, Reliance Industries has said top auditor CAG has not found any false
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