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

April 2, 2009

At $4.2 per million British thermal unit, KG-D6 gas is 25 per cent cheaper than the fuel produced by UK's BG-operated Panna/Mukta and Tapti fields in western offshore and 20 per cent cheaper than liquefied natural gas imported on long-term contracts.

'KG-D6 gas will replace about seven per cent of India's oil consumption in 2009-10, rising to 14 per cent in the following three years,' Goldman Sachs said recently in a report.

Image: Reliance Industries' petrochemical plant at Jamnagar, western India. | Photograph: Reuters

Also read: The Google strategy for India

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