Reliance BP to develop deepest gas discovery in KGD6 by 2022

first_imgNew Delhi: Reliance Industries Ltd (RIL) and its partner BP Plc of UK Tuesday announced investment sanction for development of their deepest natural gas discovery in the flagging KG-D6 block by 2022. Reliance-BP will develop the MJ, or D-55, gas find in sync with the previously approved projects to the develop two sets of discoveries in the block that will together add 30-35 million standard cubic metres per day of natural gas production in phases. Also Read – SC declines Oil Min request to stay sharing of documentsMJ gas find, located about 2,000 metres directly below the currently producing Dhirubhai-1 and 3 (D1 and D3) fields in the KG-D6 block, is estimated to hold a minimum of 0.988 Trillion cubic feet (Tcf) of contingent resource. “MJ is the third of three new projects in the Block KG-D6 integrated development plan and its approval follows sanctions for the development of ‘R-Series’ deep-water gas field in June 2017 and for the Satellites Cluster in April 2018,” the company said in a press statement. Also Read – World suffering ‘synchronized slowdown’, says new IMF chiefReliance-BP did not give the individual cost of the three projects but said they together will cost an estimated Rs 35,000 crore. The three projects will develop a total of about 3 Tcf of discovered gas resources. “These projects together, when fully developed, will bring about 1 billion cubic feet a day of new domestic gas onstream, phased over 2020-2022,” the statement said. Reliance and BP had in June 2017 announced an investment of up to Rs 40,000 crore in the three sets of discoveries to reverse the flagging production in KG-D6 block. These finds were expected to bring a total 30-35 million cubic metres (1 billion cubic feet) of gas a day onstream, phased over 2020-22. R-Cluster will be first to come on stream, delivering gas in the second half of 2020-21 fiscal.last_img read more

Read More »

Asias polioendemic countries on track to eliminate disease this year – UN

In 2004, polio cases in Afghanistan, India, and Pakistan were slashed by 45 per cent, their health ministers and senior officials announced today at a meeting at World Health Organization (WHO) headquarters in Geneva.Similar momentum in 2005, with repeated immunization campaigns, should put an end to transmission in this particularly crowded corner of the world, which has proven a challenge to the global eradication of a potentially deadly disease that once paralyzed hundreds of thousands of children worldwide each year.Today’s meeting was the one-year follow-up to the Geneva Declaration on the Eradication of Poliomyelitis, a 2004 pledge by the six remaining polio-endemic countries to intensify their activities, with some officials hoping to eradicate the disease within 12 months.But the campaign suffered a setback in Africa, home to three of the six countries – Egypt, Niger and Nigeria – when various Nigerian states suspended immunization in 2003 over concerns by public figures about the safety of the oral vaccine, including rumours that it was contaminated by the HIV virus or that it could sterilize young girls.The suspension was later lifted but not before the disease spread to re-infect 10 other previously polio-free African countries.In Geneva today, the Asian officials hammered out a plan for 2005 that involves massive and repeated polio immunization campaigns in the few remaining affected districts of these countries. The emphasis will be on reaching children in communities traditionally under-served by health services.Similar action last year paid off in shrinking the geographic footprint of the poliovirus and in cutting numbers of affected children. Total cases in the region have dropped to 186 last year from 336 in 2003, while surveillance in the key districts is twice as sensitive. Vast areas of each country reported no polio last year.During the 2004 immunization campaigns in the three countries 210 million children were given 1.5 billion doses of vaccine. read more

Read More »