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Reliance to ink deal with fertiliser firms on 27 March

Reliance to ink deal with fertiliser firms on 27 March
PTI
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First Published: Wed, Mar 25 2009. 01 49 PM IST
Updated: Wed, Mar 25 2009. 01 49 PM IST
New Delhi: Reliance Industries is likely to sign gas sales contracts with fertiliser companies on 27 March.
“The signing has been scheduled at a five-star hotel on Friday afternoon,” a government official said on Wednesday.
Reliance and 12 fertiliser firms that are among the first receivers of gas from the Mukesh Ambani-run firm’s eastern offshore KG-D6 fields have closed all outstanding issues and the signing of the Gas Sales and Purchase Agreement has been scheduled for Friday.
KG-D6 will start producing gas in the next few days and initial volumes would go to meet the fuel deficit at urea making plants.
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First Published: Wed, Mar 25 2009. 01 49 PM IST