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Top headlines: RIL, BP announce major gas find, Modi assures farmers on MSP

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FILE PHOTO: A bird flies past a Reliance Industries logo installed on its mart in Ahmedabad. Photo: Reuters
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FILE PHOTO: A bird flies past a Reliance Industries logo installed on its mart in Ahmedabad. Photo: Reuters

BS Web Team New Delhi
RIL, BP find gas from KG Basin's R-cluster, Asia's deepest offshore field

Reliance and its partner BP today announced the first gas from the R Cluster, ultra-deep-water gas field in block KG D6 off the east coast of India. The two companies are developing three deepwater gas projects in block KG D6 – R Cluster, Satellites Cluster and MJ – which together are expected to meet 15 per cent of India’s gas demand by 2023, the two firms said in a joint statement. These projects will utilise the existing hub infrastructure in the KG D6 block. Read more