Bay of Bengal gas project advances
Reliance continues to progress its KGD6 development, but the scheme has experienced some delays
India’s Reliance Industries expects the MJ field to start gas production in the third quarter of the 2023 financial year, further boosting output from its wider offshore KG D6 development. The start date has slipped, however. Earlier this year, BP—Reliance’s partner in the project—suggested that MJ would “come onstream towards the latter half of 2022”. Reliance owns 66.67pc of KG D6 and BP holds the remaining 33.33pc. 30mn m³/d—2023 target for KG D6 output The startup of the floating production, storage and offloading (FPSO) vessel-serviced MJ gas and condensate field will lift KG D6’s production above 30mn m3/d in 2023, “meeting up to 15pc of India’s gas demand”, according to
Also in this section
28 March 2024
The country’s largest gas field is a bright spot for the North Sea, boasting cleaner operations amid a changing mood in Europe over hydrocarbons
28 March 2024
Whether OPEC+ starts to unwind its oil production cuts from June will depend on heavily debated unfolding supply-demand balances
28 March 2024
As a gas supply shortfall looms, balancing regulatory flexibility with energy security and investor confidence will be critical
27 March 2024
Oil producers have to untangle the increasingly complicated relationship with their natural resources