IOC wants fair share of KG gas
After its failed attempts to source gas directly from Reliance Industries’ (RIL) block in the Krishna Godavari basin, IOC has approached the government seeking close to one-third of gas (23 mmscmd) from the KG basin for its various gas-based proj...
By TNN |
Mumbai: After its failed attempts to source gas directly from Reliance Industries��� (RIL) block in the Krishna Godavari basin, IOC has approached the government seeking close to one-third of gas (23 mmscmd) from the KG basin for its various gas-based projects.
Confirming the move, IOC���s CMD Sarthak Behuria said, ���We have written to the government seeking 23 mmscmd of gas for our various gas-based projects.��� RIL is likely to pump over 80 mmscmd of gas from KG basin in the next couple of months. The government is likely to come out with a gas-utilisation policy and will allocate gas to different industries with fertiliser and power as priority sectors.
Confirming the move, IOC���s CMD Sarthak Behuria said, ���We have written to the government seeking 23 mmscmd of gas for our various gas-based projects.��� RIL is likely to pump over 80 mmscmd of gas from KG basin in the next couple of months. The government is likely to come out with a gas-utilisation policy and will allocate gas to different industries with fertiliser and power as priority sectors.
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