Reliance Industries discovers gas in Krishna Godavari basin

Reliance Industries said on Tuesday it had made a gas discovery in one of its exploration blocks in the Krishna Godavari basin off the country's east coast.                                           

The potential commerciality of the discovery was being evaluated through more data gathering and analysis, Reliance Industries said in a statement.                                           

Reliance Industries holds a 90% interest in the block, which covers an area of 3,288 sq. km, and Hardy Exploration and Production India holds the rest.