RIL-BP plans to hike domestic gas production good for consumers, India: Petronet LNG

RIL-BP plans to hike domestic gas production good for consumers, India: Petronet LNG

Reliance Industries and BP have announced a partnership to increase gas output form KG-D6 with an investment of Rs 40,000 crore. The question is what this means to gas importer and regasifier Petronet LNG.

RK Garg, Director-Finance, Petronet LNG welcoming the new partnership between RIL and BP, says with the government targeting to increase the consumption of natural gas in the overall energy basket, there is a need for more domestic natural gas. Read more

Credits:www.moneycontrol.com

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