Shares Reliance Industries Ltd (RIL) fell over 2%, touching the monthly low of Rs728.85, by concerns about its exploration and production ( E&P) business, primarily due to continued regulatory uncertainty over the development of its KG-D6 block
Output from KG-D6 has been declining for more than a year, resulting in a sharp fall in India's gas output and forcing the country to resort to increased imports of expensive liquefied natural gas ( LNG).
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Output from KG-D6 has been declining for more than a year, resulting in a sharp fall in India's gas output and forcing the country to resort to increased imports of expensive liquefied natural gas ( LNG).
....more info