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RIL urges govt to hasten oil, gas project clearances

RIL urges govt to hasten oil, gas project clearances

Over the Union government's excessive delays in giving regulatory clearances to its five key oil and gas projects worth $7.5 billion Reliance Industries has flagged the attention of special cell of the Prime Minister-led Cabinet Committee on Investment (CCI). If approved, these projects have the potential to produce about 30-40 million standard cubic metre per day (mmscmd) of gas, increasing the country's output by about 25 per cent in the next 4-5 years, industry executives said.