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Facing flak from the country's auditor CAG, Reliance Industries (RIL) today brought out audits by independent experts to justify its work and cost in discovering the world's biggest gas find of the decade that was brought to production in a record time.RIL said in a statement that it had engaged global consulting firm Ernst & Young; IPA Inc, an industry leader in quantitative analysis of project management systems; and Daniel Johnston & Co Inc, an independent US-based consulting firm with experience of working with 40 governments and numerous independent oil companies worldwide.

"The independent reports by E&Y, IPA and Daniel Johnston entirely validate RIL's stand in its responses to CAG. The independent nature of these studies conducted by globally reputed consultants has acknowledged RIL's commendable efforts in bringing to stream India's first deep water hydrocarbons production facility in record time," it said.Ernst & Young found "no evidence suggesting that KG-D6 costs were overstated" or that vendors paid RIL back after inflating costs.

The US-based Daniel Johnston said the RIL proposal to declare the entire KG-D6 block as discovery area, which was accepted by the upstream regulator DGH and subsequently by the Oil Ministry, was supported by technical data and good international petroleum industry practice.