InvestorQ : Why is Reliance bullish on gas business?
NISHA Nayak made post

Why is Reliance bullish on gas business?

Answer
image
Priyanka N answered.
4 months ago
Follow

Reliance expects its energy business to reap rich dividends since global fuel shortage has pushed gas prices to record highs. RIL will raise the price cap for its offshore gas sales by 60% to $10 per MMBTU. KG Basin output is already up 36-fold. It just turned into operating profits in Sep-20 quarter.

8 Views