Reliance Industries and BP Plc will start natural gas production from R-Series gas field in the flagging KG-D6 block in the Bay of Bengal by 2020, the UK firm said today.
Gas production from other newer fields will start by 2021, the UK firm said in its 2017 annual report released today.
While RIL-BP are implementing project to bring to production R-Series of gas field in the KG-D6 block, a government oversight panel headed by upstream regulator DGH had last month approved their USD 4 billion investment plan in two other sets of gas discoveries.
BP in its annual report stated that R-Series project in KG-D6 block is "currently under construction" and is "expected start up (is between) 2018-2021."
In June last year, the partners had announced that they had taken an investment decision to progress development of the R-Series deepwater gas fields in Block KG D6 off the east coast of India, BP said. "The R-Series fields will be developed as a subsea tieback to existing infrastructure in the block. The project is expected to come onstream in 2020 and is the first of three planned projects in Block KG D6 to be developed in an integrated manner."