How Big is KG Basin Gas worth -Good to know..

[psycopk]

No one in state media properly educated the people of the state, how much is the gas found in the Godavari basin worth.

Is it big enough, to kill a CM of the state?

Is it big enough to take a risk and divide the state?

Reliance's gas reserves in its exploratory block KGDN-6, off Vishakapatnam, are to the tune of 40-50 million cubic metres per day and are expected to go up to 100 cubic metres of gas over a 10-year period.

Reliance's gas reserves are expected to feed the gas-starved country for almost a century. The firm will have to invest more than Rs 7,000 crore (Rs 70 billion) in extracting gas from the Krishna-Godavari basin.

Reliance Industries' gas discovery in the Krishna-Godavari basin is expected to change the energy supply economics in the country with the reserves estimated to be around 40 times bigger than that of the Bombay High field, and double the total gas production of Oil and Natural Gas Corporation.

what is discovered till now:

* 14 trillion cubic feet of gas by Reliance Industries in KG-DWN-98/l (KG-D6) in 2002.[1]
* 20 trillion cubic feet (5.7×1011 m3)cubic feet of gas by Gujarat State Petroleum Corporation in June 2005.[3]
* 20 trillion cubic feet (5.7×1011 m3) of gas at D-3 and D-9 blocks by Reliance Industries in May 2009. [4]
* 10 trillion cubic feet (2.8×1011 m3) of gas by ONGC in June 2009. [5]

INDIA has claimed its biggest gas discovery, a deposit in the Bay of Bengal that could double the country’s gas production and bring into question major projects to import liquefied natural gas into the country.

Gujarat State Petroleum Corporation (GSPC), a state-owned enterprise, said that it had found 20 trillion cubic feet of gas in the Krishna Godavari Basin, an area offshore of Andhra Pradesh state in the southeast of the sub-continent.

[Pacifist]

Nice info...

[mettastar]

GAS usage lo anna first priority mana state ki isthe baagundu
mana AP ni dochukuntunaru andaru
#$1 #$1 #$1

[c4victory]

*=: pysco bhayya  you rock

[king of the world]

ithe ikkada enduku manam....AP poyi.......emmana contract yaparam sesukundamaa......we can supply or rent many mechanical instruments... #~` #~`

[master123]

*=: nice info

[hanuchava]

please check your facts

it is not off the cost of visakahapatnam but kakinada.
it will not last for a century but 20 years only
the investment is not 7,000. they invested much higher

it is illogical to link ysr death to raliance brothers. what will be the benefit. the shore is under central govt. ap govt doen't have any right on KG basin  

[psycopk]

[quote author=hanuchava link=topic=30948.msg212865#msg212865 date=1262897977]
please check your facts

it is not off the cost of visakahapatnam but kakinada.
it will not last for a century but 20 years only
the investment is not 7,000. they invested much higher

it is illogical to link ysr death to raliance brothers. what will be the benefit. the shore is under central govt. ap govt doen't have any right on KG basin 
[/quote]

naku ee matter vere dagara dorikindi..
but...i am sure abt one thing..there is reliance hand behind this...