INDIA’S private sector giant Reliance Industries has recently revived its R-Series gas development and satellite project in deep-water Block D6 off the nation’s east coast, although a few roadblocks remain for further development of the key asset.

The $3 billion-plus R-series and satellite project are crucial for Reliance and its partners — UK supermajor BP and Canada’s Niko Resources — to ramp up gas production from the deep-water block.

Gas