comparemela.com

Latest Breaking News On - Justice shah committee - Page 1 : comparemela.com

Gas migration case: What exactly is the dispute between Reliance and ONGC?

The Delhi High Court has requested a response from Reliance Industries (RIL) and its partners in relation to the Indian government s appeal, accusing the conglomerate of committing fraud and unjust enrichment of over $1.729bn by extracting gas from deposits it did not have the rights to exploit. The dispute began in 2014 when state-run ONGC claimed that RIL had drilled wells close to the common boundary of their blocks and pumped out gas from ONGC s adjoining block.

© 2024 Vimarsana

vimarsana © 2020. All Rights Reserved.