Removing a leaf from Reliance Industries Ltd’s playbook, state-claimed Oil and Natural Gas Corporation (ONGC) is framing another auxiliary for gas business that could be utilized to offer and purchase gas from the company’s own fields.
The leading body of ONGC at its gathering on February 13 affirmed production of another completely possessed auxiliary organization for gas and condensed…
As per draft gas deals and buy arrangement (GSPA) Reliance and BP have shared alongside value revelation offers for steady gas from the R-Cluster fields in KG-D6 block, the merchants will repay purchaser cash identical to gas sourced from substitute source to compensate for any volumes they can’t convey.
The purchaser on his part will be obliged to offtake the submitted gas volumes or pay for it…
