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OIL & GAS
 
Vol. IX Issue. 6
Govt examining RIL-BP position: Oil Ministry

24 July 2012

July 18, 2012. The government said discussions are on with Reliance Industries and its partner BP Plc which have warned of further drop in KG-D6 gas output in the absence of investments approvals by the Oil Ministry, and maintained that it would take 'right approach' and 'suitable decision' on the issue. The Oil Ministry had hit back saying it had not approved annual spending because the RIL had denied CAG access to its books.

      
 
 
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