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Home > News > RIL-BP allowed to survey 12 KG-D6 fields > RIL-BP allowed to survey 12 KG-D6 fields

RIL-BP allowed to survey 12 KG-D6 fields [1]

New Delhi A regulatory panel has allowed Reliance Industries to carry out surveys on 12 satellite fields in the deep water D6 block in the east coast, subject to the condition that this expense would become eligible for recovery only if a subsequent field development plan is approved by the authorities.

The management committee overseeing the performance of the D6 block in the Krishna Godavari basin decided last Friday that RIL could make investments in geophysical and geo-technical surveys and other studies in the R series fields (D34) at its own cost. The RIL-BP-NIKO consortium has to bear the risk involved in making this investment.

Publication Date: 
24/04/2012
Gireesh Chandra Prasad [2], Subhash Narayan [3]
Financial Express (New Delhi) [4]
Tags:
Natural Gas [5], Supreme Court [6], Natural Gas Exploration [7], Petrochemical Industry [8], British Petroleum (BP) [9], Energy [10]
Centre for Science and Environment
National Knowledge Commission Government of India

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Source URL: http://admin.indiaenvironmentportal.org.in/news/ril-bp-allowed-survey-12-kg-d6-fields

Links:
[1] http://admin.indiaenvironmentportal.org.in/news/ril-bp-allowed-survey-12-kg-d6-fields
[2] http://admin.indiaenvironmentportal.org.in/category/author/gireesh-chandra-prasad
[3] http://admin.indiaenvironmentportal.org.in/category/author/subhash-narayan
[4] http://admin.indiaenvironmentportal.org.in/category/newspaper/financial-express-new-delhi
[5] http://admin.indiaenvironmentportal.org.in/category/thesaurus/natural-gas
[6] http://admin.indiaenvironmentportal.org.in/category/thesaurus/supreme-court
[7] http://admin.indiaenvironmentportal.org.in/category/thesaurus/natural-gas-exploration
[8] http://admin.indiaenvironmentportal.org.in/category/thesaurus/petrochemical-industry
[9] http://admin.indiaenvironmentportal.org.in/category/thesaurus/british-petroleum-bp
[10] http://admin.indiaenvironmentportal.org.in/category/thesaurus/energy