RIL, Niko may earn $10.6 bn from gas field

RIL, Niko may earn $10.6 bn from gas field

New Delhi: Reliance Industries Ltd, or RIL, and its partner may earn $10.63 billion (around Rs50,000 crore) in sales from the Krishna-Godavari D6 field, according to a newspaper advertisement by the Directorate General of Hydrocarbons.

The government may earn $16.57 billion from the gas field, the oil and gas regulator said in the advertisement on Wednesday.

Total revenue from the field, which holds reserves of 10,027 billion cu. ft of gas, may be $38.3 billion, it said.

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