fetching latest news
News tagged in:
The hearing in an International Arbitration Tribunal to authenticate Indian government’s $1.55 billion demand from Reliance-BP-Niko Resources for the alleged gas siphoning from ONGC deposits has come to a conclusion. The tribunal is expected to give out a judgment in July. Reliance and its partners are accused of producing 338.332 million Btu of gas that seeped or migrated from ONGC's blocks into their adjoining KG-D6 in the Bay of Bengal.