24 July, 2021

Gasified Assets

An HC ruling on how the Ambanis should share gas raises questions

Gasified Assets
outlookindia.com
-0001-11-30T00:00:00+05:53
What The Verdict Means

Guarantees Anil gas from RIL’s KG basin block at 44% below listed govt price. Asks Ambanis to sort it out, reveals Anil has first right to 40% of RIL’s gas from all blocks.

***

What Remains Unanswered
  • Is the gas allocation policy subservient to private pacts?
  • Can a sub judice deal with NTPC determine the price at which gas will be sold?
  • How will this affect the govt’s return on investment?
  • Who will compensate govt for gas sold below set price?
  • Can private investors divide gas/oil in perpetuity?

***

The Way Ahead?

Legal battle may continue; govt is studying the impact on its revenues and the public interest.

***

Finally, a verdict on the bruising battle between the Ambani brothers over the supply of natural gas from...

In this article:



Latest Magazine

August 02, 2021
content

other articles from the issue

articles from the previous issue

Other magazine section