Category: Industry Overview
Reliance Industries has signed deals with 12 fertilizer companies for supply of 15 million cu.meters of natural gas a day from its KG basin. The supplies are schedule to start from April 2009. The fertilizer companies are Gujarat Narmada Fertilizers, Kribhco, Iffco, Nagarjuna Fertilizers, Tata Chemicals and Rashtriya Chemicals and Fertilizers. Govt. has asked to supply gas on priority basis and Reliance has to raise its output to 40 mmscmd of natural gas.