The contractor group which was getting ready to sanction the first - TopicsExpress

The contractor group which was getting ready to sanction the first major project with an investment of USD 4 billion in June/July 2014 is now forced to halt activities, they said. Sources close to the consortium said the project being referred to was the R-series field, which holds 2.2 trillion cubic feet of in-place gas reserves. Of these, 1.191 tcf are recoverable with a peak output of 12.9 million standard cubic meters per day. Read more at: moneycontrol/news/business/gas-price-revision-delay-may-stall-364-bn-investment-ril_1083597.html?utm_source=ref_article

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