July 17 (Reuters) - India's oil ministry has asked Reliance
Industries and joint venture partner BP to
submit all records and accounts relating to their D6 gas block
off the country's east coast to the federal auditor, a
government statement said on Tuesday.
"It was ... brought to (the companies') notice that CAG
(Comptroller and Auditor General) recommended withholding of
sanction to work plans and budgets if access to records is
denied to CAG," the statement said, referring to a meeting
between the companies and the ministry on July 13.
"Therefore, the company representatives were requested to
make all the records and accounts of the KG D6 block available
to the Comptroller and Auditor General as provided for in the
Production Sharing Contract," the statement said.
Reliance holds a 60 percent stake in the block, while BP has
a 30 percent share.
Canada's Niko Resources Ltd, which has a 10 percent
stake in the block, last month slashed the reserve estimate for
the block. It estimated that total proved plus probable reserves
at the block had decreased to 1.93 trillion cubic feet (tcf) as
of March 31.