Power Today |
 
Advertise Here [728 W x 90 H pixels]
News Brief | July 2016

RIL, BP on way to end dispute with government

Reliance Industries (RIL) and joint venture partner BP Plc are moving towards ending their dispute with the government on gas pricing, but are yet to officially approve the proposal for it, industry sources said. RIL and BP declined to comment on the matter. RIL, BP and their partner Canada´s Niko Resources are contemplating pulling out of the arbitration against the government as the government´s policy changes announced in March requires them to drop the case if they want to accept the higher gas prices being offered. On April 13, EThad reported that RIL, BP and Niko have formally started the process of developing their deep sea fields, which industry executives say signals their intention to withdraw arbitration against the government a necessary condition if they want to charge market price for natural gas.
Contact: RIL
Website: www.ril.com
Post your comment
Name:  
Email:    
Comments:  
Verification Code:   Change Image

 

Posted Comment
1 .     Yogesh Says:
17 Oct 2016
I wish to start pvc / pp electric wire unit in Delhi. What kind of information I can get if I subscribe for your magazine

2 .     Sarfaraj Bilakhiya Says:
20 Sep 2016
Pls invite me all auction in gujarat

3 .     k.natarajan Says:
20 Jun 2016
we are doing business developing for solar power ,thermal power , customer supporting and we have 45 mw splar power on hand needs investors..... thanks lot pls call +910842559230 +919842753550


Advertise Here [728 W x 90 H pixels]