Efforts on to lift stay on K-G basin gas production

September 24th, 2008 - 9:13 pm ICT by IANS  

New Delhi, Sep 24 (IANS) The government is making all efforts to get a court injunction on the production of gas by Reliance Industries Ltd (RIL) in the Krishna-Godavari (KG) basin lifted, a top petroleum ministry official said here Wednesday.”Starting gas production at the K-G basin is a national priority,” Petroleum Secretary R.S. Pandey said, adding that the ministry was making all efforts to get the court injunction lifted.

“The ministry had sent a team there and we found that gas production can start by the end of the current year,” Pandey said after a lecture on energy security.

Reliance Natural Resources Ltd (RNRL, headed by Anil Ambani, is fighting a court battle with RIL - led by estranged elder brother Mukesh Ambani - over the sale of gas from the K-G basin.

Pandey also described the start of crude oil production by RIL in the K-G basin as a matter of “national pride” and added that it encouraged other operators in the area, especially state-owned Oil and Natural Gas Corporation (ONGC).

RIL chairman Mukesh Ambani Sunday announced the commencement of oil production in the D-6 block, and said gas production would begin within the first three months of next year.

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