KG-D6: Current Affairs, GK & News - 2020-2021
CCEA allowed RIL Higher Gas Prices in Lieu of Bank Guarantee
Published: December 25, 2013
The Cabinet Committee on Economic Affairs (CCEA) allowed Reliance Industries Ltd (RIL) to sell natural gas at the revised doubled price from April, 2014 provided the firm gave a bank guarantee. The contractor would be allowed to sell D1 and D3 (fields) gas at revised prices from April 1, 2014. The sale would be permitted ..
The Directorate-General of Hydrocarbons holds back approval for KG-D6 work programme
Published: February 28, 2013
The Directorate-General of Hydrocarbons (DGH) has held back approvals for work programme (WP) and budget for KG-DWN-98/3 (KG-D6) block for 2012-13 and 2013-14. DGH has sought an explanation on various issues including the decision of the operator to cancel the plan of drilling two approved development wells and inability to adhere to the management committee ..
Gas production from KG-D6 declines
Published: December 23, 2012
Gas output from India’s biggest gas producing fields in the Krishna Godavari basin (KG-D6) continued to decline and reched its lowest level since its inception. After touching peak production levels of 60 million of gas per day (mmscmd), the output was 22.77 mmscmd in the week ending December 9. What are the reasons for the ..
CAG waits for pending RIL's KG-D6 records
Published: December 16, 2012
The Comptroller and Auditor General (CAG) has said that it has not been provided with full access to all the documents required for the expenditure audit related to Panna-Mukta-Tapti (PMT) and KG-D6 blocks relating to expenditure for previous years up to 2011-12. For this reason, CAG has recommended the Petroleum Ministry to examine all relevant ..
RIL welcomes CAG’s withdrawal of Performance audit on private operators
Published: November 8, 2012
Reliance Industries Ltd (RIL) conveyed that it has no objection to an audit by any government agency. The company appreciated India’s national auditor Comptroller and Auditor General of India (CAG) decision of not conducting performance audit of RIL-operated Krishna-Godavari oil and gas block off Andhra Pradesh coast. The CAG had said it does not conduct ..