India’s Reliance Industries and Canada’s Niko Resources plan to invest more than $2 billion developing a gas field off Andhra Pradesh that is expected to pump out 1 billion cubic feet a day by 2007. The development plan, however, needs the government’s approval. Operator Reliance owns 90% of the D-6 deep-sea block while Niko…
INDIA: Reliance and Canada’s Niko to invest US$2 billion to develop gas field (MEMBERS ONLY)
Posted on October 12, 2004 by EnergyAsia