Monday, November 18, 2013

Non Adherence As Default

Mukesh Ambani-led reliance industries (RIL) kg basin D6 block development plan if not adhered to, it should be assumed to be defaulter. petroleum and natural gas on the Parliamentary Committee recommended in its report.

In addition, last month has been assigned this report has suggested that the petroleum Ministry, all steps in the production block D6. reliance in this block from gas production is declining. v Arun Kumar, the Parliamentary Committee headed by Mukesh Ambani's malnourished gas field development plan by RIL not following extremely serious.

The petroleum Ministry itself said in its statement that the contractor did not follow the default reliance Scheme. don't send all reminder after the company increased gas production from existing wells and dig new wells or trying to start production.

According to the report, the D6 block of the country's successful gas discoveries. it tap the country's hydrocarbon resources are expected to largely according to the plans set the blocks after the horse was out during 2009-10 from here daily to be yield 3.38 million gas production. it rose daily by 2012-13 yield 8.67 million had reached the level of although Actual production of gas from the D6 block in 2010-11 to reach a daily 56 million m 3.

Then down 2.61 million in 2012-13 m 3 daily. the Committee noted that the Directorate General of hydrocarbons this sector regulatory reliance (DGH) did not follow the suggested measures to. boost production of natural gas by the DGH to dig more wells had suggested instead the company producing Dorisa agreement (PSC) while ignoring repeated demands to raise gas prices. more RIL's intention The agreement raises questions on the natural gas price at $ 4.20 per MMBTU (gas gauge unit) was set up with the Government to double increasing reliance.