By IANS,
New Delhi : Reliance Industries has struck gas for the third successive time at its exploration block in the Krishna Godavari (KG) basin, the company said Tuesday.
RIL holds a 90 percent stake in the block, while the remaining 10 percent is with Britain-based Hardy Oil and Gas.
“The deep water block KG-DWN-2003/1 is located in the Krishna basin, about 45 km off the coast in the Bay of Bengal,” said RIL in a statement.
The two companies had made two discoveries in May, a 9.5 trillion cubic feet of gas in the D-3 block of the KG basin and another 10.8 trillion cubic feet in the D-9 block of the KG basin.
The potential of the new discovery named “Dhirubhai 44” is still being ascertained, the statement added.
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