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Monday, April 11, 2011

RIL may stop natural gas supply to non-priority sector : report

RIL may stop natural gas supply to non-priority sector : reportRIL has since July last year imposed a pro-rata cut in supplies on all its customers, including fertiliser and power firms.

In order to meet the governments order of supplying natural gas to priority sectors like fertiliser and power, from its eastern offshore KG-D6 fields, reports state that Reliance Industries may stop the supply of stop natural gas supplies to steel plants, petrochemical units and refineries.

The production from the KG-D6 fields has dropped by over 20%, reports mentioned adding that RIL has since July last year imposed a pro-rata cut in supplies on all its customers, including fertiliser and power firms.

A petroleum ministry order has now instructed Reliance to supply gas to priority sectors in full and if there is any gas left over it should be given to other sectors on pro-rata basis, a financial daily reported.

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