CHENNAI: Reliance Industries Ltd (RIL) and UK’s BP Plc on Wednesday invited companies to bid for gas produced from the KG D6 basin. They expect to sell the gas from February.
“The gas produced for KG D6 will be available for sale at the delivery point at Gadimoga near Kakinada, Andhra Pradesh tentatively from 01 February 2021,” the companies said in a notice in the Times of India newspaper.
CRISIL Risk and Infrastructure Solutions Ltd, a unit of S&P Global Inc, will conduct the bidding process through an online platform, the notice said.
The RIL-BP consortium is developing and producing from deep water gas fields under a production sharing agreement with the Indian government.