KG D6 profit petroleum dispute between Reliance and government may see 2026 end - Telegraph India - News Summed Up

KG D6 profit petroleum dispute between Reliance and government may see 2026 end - Telegraph India


The Mukesh Ambani-led RIL has been the operator of the block since 2000, and is contesting the GoI’s claim of seeking additional profit petroleum from the block in an international arbitration. ADVERTISEMENTThe dispute had its genesis when the government had disallowed the recovery of part of the costs already invested by an RIL-led consortium. The government also oversees, approves and audits expenditure incurred by the contractor, in this case, the RIL-led consortium. The RIL-led consortium followed these processes in letter and spirit and secured all government approvals, industry sources cited above said. So far, the government has received a significant amount of profit petroleum, royalty and taxes from KG-D6.


Source: The Telegraph December 28, 2025 02:41 UTC



Loading...
Loading...
  

Loading...

                           
/* -------------------------- overlay advertisemnt -------------------------- */