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Govt. will join battle on KG Gas to defend policy

June 17, 2009 @ 12:26 am In Gas Market News

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.

For full story, click here [1]


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[1] here: http://economictimes.indiatimes.com/News/News-By-Industry/Energy/Oil--Gas/Govt-may-join-battle-on-KG-gas-to-defend-policy/articleshow/4665092.cms

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