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Reliance makes 2nd gas find in Krishna basin

Our Bureau

Mumbai, Nov. 6 Reliance Industries said that it has made a second gas discovery in what it referred to as the “Miocene clastics reservoir” in the Krishna basin. The company holds 100 per cent participating interest in the block.

This shallow water block of 1100 sq. km was awarded to the company under the NELP-III round of bidding.

RIL is currently evaluating the commercial aspect of this discovery, a statement from the company said.

The discovery (named Dhirubhai-37) has been notified to the Union Government and to the Directorate-General of Hydrocarbons.

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