Take over mktng, distribution of RIL gas: Left to Govt

Last Updated: Sunday, August 2, 2009 - 17:17

New Delhi: Amidst Ambani brothers` fight,
Left MPs on Sunday demanded that government should take over the
marketing and distribution of gas produced by RIL to ensure
that national asset is not surreptitiously appropriated as
"family property".

As many as 30 MPs belonging to the Left parties have said
in a letter to the Prime Minister that the government must
take over the marketing rights of gas, produced by Mukesh
Ambani-controlled Reliance Industries (RIL) in the Krishna-
Godavari (KG) basin, and they also opposed linking its prices
with international prices.

"As gas is being produced in our own soil, there is
absolutely no justification of pricing it on the basis of
linkage with international price of an altogether different
product like crude oil as has been done at present by making
the gas price at USD 4.32 per mmbtu," the letter said.

"Hence the present gas price determined by the EGoM must
be revised and it should be benchmarked to USD 2.34 per mmbtu
as offered to NTPC by RIL in 2004-05," the letter added.

It said the government`s firm assertion through the
affidavit filed in the Supreme Court should be followed up by
appropriate executive action on proper distribution mechanism
to make the gas available to priority sectors in the country.

In the face of "surreptitious and unauthorised" bid of
appropriating the country`s sovereign natural resources as
"family property" by some private players as pointed out in
government`s affidavit in the apex court, the Left parties
said that government must take over distribution and marketing
rights of KG-D6 basin gas.

"We urge upon the government to take over the
distribution and marketing rights of the KG D6 basin gas at
the delivery point so that the same can be distributed and
marketed through national gas grid under government control.

"Gas Authority of India (GAIL), a PSU, can be assigned
the role of a nodal agency for this purpose," the letter said.

The signatories to the letter include Sitaram Yechury,
Brinda Karat, Basudeb Acharia, Prashant Chatterjee, D Raja.

Bureau Report



First Published: Sunday, August 2, 2009 - 17:17

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