Reliance-BP KG-D6 Gas Output Declines 7%

Reliance Industries and BP, who operate the KG-D6 gas fields in the Bay of Bengal, have seen a 7% drop in natural gas production compared to last year.

The fields, which used to produce 30.6 million cubic meters of gas per day at their peak, now produce about 24.8 million cubic meters per day.

This decline is due to natural factors and some unexpected issues with the wells.

Despite this, the companies have invested $5 billion in new projects to boost production and plan to offset the decline.

They also sell the gas and oil they produce, with prices changing over time.