News Brief | January 2016
Oil Ministry refers RIL-ONGC gas dispute to AP Shah committee
The Ministry for Petroleum & Natural Gas has referred the American consultant DeGoyler and MacNaughton (D&M) report on the dispute between Reliance Industries Ltd and ONGC to a single member committee under Justice AP Shah.
The committee will consider legal, financial and contractual provisions and suggest the action to be taken by the Government within three months. Since the committee was constituted on December 15, the three months timeline will expire on March 15, 2016.