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Reliance-BP consortium invites bidders for gas from KG D6 basin

CHENNAI, Dec 30 (Reuters) -

* India’s Reliance Industries Ltd and UK’s BP Plc on Wednesday invited companies to bid for gas produced from the KG D6 basin. They expect to sell the gas from February.

* “The gas produced for KG D6 will be available for sale at the delivery point at Gadimoga near Kakinada, Andhra Pradesh tentatively from 01 February 2021,” the companies said in a notice in the Times of India newspaper.

* CRISIL Risk and Infrastructure Solutions Ltd, a unit of S&P Global Inc, will conduct the bidding process through an online platform, the notice said.

* The Reliance-BP consortium is developing and producing from deep water gas fields under a production sharing agreement with the Indian government. (Reporting by Sudarshan Varadhan; Editing by Vinay Dwivedi)

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