Govt. will join battle on KG Gas to defend policy

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Wed, Jun 17, 2009
Gas Market News
Post by Melissa Pistilli, Gas Reporter

The government, which will be earning close to $9 billion from RIL, as part of its profit share, is likely to intervene in the RIL vs Tycoons with a golden heart Mukesh’s street on plushest list RNRL case yet again, as the Bombay High Court order puts a huge question mark on its gas utilisation policy.

Speaking to ET , petroleum & Natural gas Minister Murli DeorA, stated:

We are studying the judgement and the government will take the steps which are in the best interest of the nation.

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