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RIL may start gas production from KG basin by March end

RIL may start gas production from KG basin by March end
PTI
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First Published: Fri, Mar 13 2009. 03 13 PM IST
Updated: Fri, Mar 13 2009. 03 13 PM IST
Mumbai: Reliance Industries is likely to begin gas production from its Krishna Godavari basin gas field around 31 March.
Initial output is likely to be between 5 and 15 million standard cubic meters per day (mmscmd) and will rise at the rate of 10 mmscmd per month to reach the critical 40 mmscmd in July.
Initially, Reliance will have eight producing wells and slowly the number will rise to 18.
Most of the 1395-km pipeline from Kakinada, the landfall point of the KG-D6 gas, to Baruch in Gujarat is ready to flow the gas.
The line is already connected to the pipeline network of monopoly gas transporter GAIL India in Andhra Pradesh while in Gujarat it is connected to GSPL network.
A company spokesperson could not be immediately contacted for comments.
The source said gas sales was likely to begin from mid-April, with the first gas going to fertiliser companies.
Ratnagiri Gas and Power Pvt Ltd, the new owner of beleaguered Dabhol power plant in Maharashtra, will get at par with fertiliser companies.
Power plants which have been placed at priority after fertiliser and RGPPL would start getting gas from July.
Reliance had last week recommenced crude oil production from the MA field in the KG-D6 block.
The company has so far made 18 oil and gas discoveries in block KG-DWN-98/3, popularly known as KG-D6. Of these, Dhirubhai-1 and Dhirubhai-3 discoveries are being brought to production at a cost of $5.2 billion.
MA discovery has been brought to production at an additional cost of $2.1 billion.
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First Published: Fri, Mar 13 2009. 03 13 PM IST