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Reliance Industries gets nod to raise KG-D6 production

Thursday, 25 Oct 2012
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The Reliance Industries (RIL) has recieved approval from the Ministry of Petroleum and Natural Gas for raising natural gas output from the KG-D6.

The ministry had been withholding approvals to RIL's investment plans reciting the company must first agree to CAG doing a second round of audit of KG-D6 field for 2008-09 to 2011-12 period. Therefore, the audit by the Comptroller and Auditor General of India (CAG) of its spending on KG-D6 block has to be a financial audit and not a performance audit. 

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