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RIL and others cleared in ONGC row
Aug. 2, 2018

RIL and others cleared in ONGC row

An International arbitration panel has rejected Indian government’s argument of unjust enrichment in the gas siphoning case. The information came from a filing to stock exchange by Reliance Industries. The panel said that the consortium of RIL, BP and Niko Resources was entitled to produce all gas from its contract area. The arbitration tribunal also directed the Government of India to pay $8.3m to the consortium as cost of arbitration.

   Read More About : BP India ONGC Arbitration RIL
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