Reliance reintroduces oil indexation for KG gas, actively seeking buyers for 4 mmscmd
Reliance Industries Ltd, in partnership with BP Plc, has decided to adopt oil indexation for pricing the gas produced from India’s largest private-sector operated field in the KG basin. This move is aimed at capitalizing on the positive trend in the oil market. The companies have issued a tender, seeking bids from buyers for 4…