Reliance-BP joint venture in India on Feb. 5 awarded 7.5 million standard cu m/day, or nearly 2 million mt/year, of LNG equivalent gas from its east Indian off-shore KG-D6 basin on a JKM-linked basis for a tenure of three to five years, sources told S&P Global Platts Feb. 8.
Register Now The supply is expected to begin from February 2021, the sources said.
Reliance O2C Ltd., a Reliance affiliated entity, was heard to have been awarded majority of the gas supply, amounting to 4.8 million standard cu m/day. GAIL, Shell, Adani Total Gas, HPCL, and IRM Energy were heard to have been awarded 0.85, 0.70, 0.09, 0.23 and 0.10 million standard cu m/day, respectively.
Pipeline Infrastructure Ltd., or PIL, and India Gas Solutions, or IGS, were heard awarded 0.35 million standard cu m/day each. Torrent Gas and Power Ltd. and Enertech were heard awarded 0.02 million standard cu m/day each.