Reliance Industries Ltd. will raise natural gas output from a new well in India’s richest gas deposit from this month, which could help it to reverse months of declining output. The company is expecting to add between 1.5-2 million metric standard cubic metres a day (MMSCMD) by this month from its current output level of around 12 MMSCMD. The additional output will come from the well located in MA field in the east coast Krishna-Godavri D 6 block, a company spokesman told The Wall Street Journal on Friday. Production in the east coast KG D-6 block has declined from around 61 MMSCMD in 2010, he said. Reliance says the decline in natural gas output from the east coast block is due to geological complexities. Any additional natural gas output would be welcomed by India, which imports nearly 75% of its energy needs to feed […]