Epic Research

Wednesday, July 17, 2013

Epic Update : Reliance Industries


Reliance IndustriesReliance Industries is reportedly aims to raise gas output from KG-D6 block by 40 to 60 million metric standard cubic metres a day (mmscmd) but need enough gas price to justify further investments. In 2010, D6 block’s output fell sharply from 62 mmscmd to about 14.2 mmscmd amid geological complexities and unpredicted reservoir behavior, but the oil ministry blamed the company for the fall. 

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