PM not mediating in Ambani gas dispute

Last Updated: Saturday, August 22, 2009 - 16:17

New Delhi: Prime Minister Manmohan Singh is
not intervening or mediating in the Ambani brothers` gas
dispute, though he believes that the two top industrialists
should patch up in national interest, an official in Prime
Minister`s Office said.

The official, who did not want to be named, said that the
reports in a section of media were not true that Singh has
suggested the two brothers to follow a middle-path to resolve
their ongoing dispute over natural gas from Krishna-Godavari
basin.

He, however, said that Prime Minister`s known views have
been that the two warring brothers should patch up and work
together.

"PM`s general approach has been that instead of
fighting, they should patch up as both their groups contribute
sizeably to India`s economic growth," he said.

Anil Ambani group firm RNRL is fighting a long-running
legal battle to secure gas at a committed price of USD 2.34
per mmBtu in accordance with a family agreement from elder
brother Mukesh Ambani-led RIL and their case is coming up for
hearing in the Supreme Court on September 1.

Bureau Report



First Published: Saturday, August 22, 2009 - 16:17

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