Essar Oil Ltd., operator of India’s second-largest non-state refiner, may commence production of natural gas from coal seams in the eastern state of West Bengal by the end of this year.
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The Petroleum and Natural Gas Ministry has asked Reliance Industries Ltd. will sell natural gas from its eastern offshore KG-D6 fields to steel firms like Essar and Ispat.
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The Government has asked Reliance Industries Ltd. declared that it will sell natural gas from its eastern offshore KG-D6 fields to steel firms like Essar and Ispat to help the country’s most prolific gas field to produce at an optimum level.
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Reliance Industries, Essar Oil and Indian Oil are among the six firms, which have expressed interest in taking on lease the LNG terminal adjacent to the Dabhol power plant, even as the commissioning of the import facility has been put off by six months to October.
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The government will allocate natural gas from Reliance Industries’ Bay of Bengal KG-D6 fields to companies like Essar Steel if any of the consumers it has currently identified is unable to use the fuel.
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The government will allocate natural gas from Reliance Industries’ Bay of Bengal KG-D6 fields to companies like Essar Steel if any of the consumers it has currently identified is unable to use the fuel.
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Wednesday, August 19, 2009