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News Brief | March 2016

ONGC-RIL dispute | Ex-OIL director to assist Shah panel

The Centre has extended services of S Rath, former Director (operations) of Oil India Ltd, to assist Justice AP Shah Panel in understanding the technical nuances of gas migration dispute between ONGC and Reliance Industries Ltd. Shah had requested the Ministry for Petroleum & Natural Gas to engage a domain expert who will help understand the complex issue and interpret the technicalities pointed out in the report of US-based consultant DeGolyer and MacNaughton (D&M). ´After the last meeting, a request was made to help the panel understand technical issues like if gas has migrated, how do you know the volume, how will the valuation be done...,´ a source in the know of the development said, adding that, ´the Panel can also call D&M for any clarity.´ In December, the Ministry referred the American consultant´s report on the dispute between RIL and ONGC to a single-member panel under Justice AP Shah.
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