The $8.835-billion (Rs 441.75 billion) project will double domestic natural gas production when the field hits its peak output of 80 million cubic meters per day in 2010.
It will wipe out the fuel deficit at urea-making fertiliser plants and meet half of the 36 mmcmd gas shortfall in power plants. Reliance will produce enough gas to meet about a third of the UK demand.
"Whenever I have interacted with officials from global oil majors like Chevron and BP, they have been highly appreciative of the project management skills of Reliance," Sibal said.
Image: Reliance Industries' KG-D6 facility located in Andhra Pradesh. | Photograph: Reuters
Also read: Interesting home loan options
Live updates on money.rediff.com |
|