india has never been here before | facts you didn't know about kg-d6
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Deep water exploration for oil and gas is a complex science and a risky business. It involves technology and extreme engineering of the kind that India has not seen before. It requires staggering amounts of risk capital. Exploration success rate is as low as one in ten and reservoir surprises can occur at any stage of development and production.People without even a fleeting understanding of the sector have touched off a debate over the KG-D6 block to suggest that Reliance Industries is making windfall profits. This compilation is an attempt to inform the debate with facts so that rhetoric and illogic don’t drown out the serious issue of India’s energy security...