Tuesday, September 09, 2008

India's naphtha exports to boost after gas production initiates in KG basin

The vast gas reserves in India's Krishna-Godavari (KG) basin unearthed by Reliance Industries (RIL), Gujarat State Petroleum Corporation (GSPC) and Oil and Natural Gas Corporation (ONGC) will reduce tthe domestic demand for naphtha and other petroleum products once the gas production start by year end.

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