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$9 billion! That's how much India will save with the RIL KG D-6

April 2, 2009

Reliance took just seven years from the date of discovery to begin gas production from the deep-sea KG-D6 block as against the global practice of a minimum nine years.

The gas would boost power supply from idle electricity generators starved of fuel and produce cheaper urea for agriculture.

"It is a landmark in the history of oil and gas production. World-over, this has created a new benchmark for deep-sea developers," said Director-General of Directorate General of Hydrocarbons V K Sibal.

Image: Reliance Industries' KG-D6 facility located in Andhra Pradesh. | Photograph: Reuters

Also read: Faces of the global meltdown

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