Reliance announces another gas discoveryApril 1st, 2008 - 8:26 pm ICT by admin
New Delhi, April 1 (IANS) Mukesh Ambani-led Reliance Industries Ltd (RIL) Tuesday said it has made a second gas discovery in its deep-water exploration block of the Krishna basin in the Bay of Bengal. “RIL is pleased to announce yet another discovery in exploratory block KG-OSN-2003/1 (KG-V-D3) of Krishna Basin,” the company said in a statement.
“This is the second gas discovery in this block,” it added.
The company holds a 90-percent participating interest in the block while the balance is with Britain-based petroleum company Hardy Exploration and Production.
RIL made first gas discovery in the same block this February.
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