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RIL to sell gas at current rate as govt defers price revision

Last Updated: Friday, March 28, 2014, 20:36

Reliance Industries will continue to sell natural gas from its eastern offshore KG-D6 fields at the current rate until the next government decides on a revision in prices.

Gas prices may jump to $10 in 2016-17, from $4.2 now

Last Updated: Monday, December 23, 2013, 17:44

Natural gas prices in India may jump to USD 10 within three years of implementation of the Rangarajan formula, generating enough additional revenue to meet higher subsidy outgo on the fertiliser sector.

Govt not honouring contracts on KG-D6 gas block, says RIL

Last Updated: Tuesday, September 03, 2013, 14:04

Amidst move to force Reliance Industries to sell gas from its main fields in KG-D6 block at old rates of USD 4.2, the Mukesh Ambani-run firm on Tuesday hit out saying the government was not honouring signed contracts and extraneous factors were being brought into business.

Parl panel flays govt decision to hike natural gas price

Last Updated: Wednesday, August 07, 2013, 20:14

The panel also said Reliance Industries should supply the quantity it had committed but failed to deliver in the past three years at the old rate of USD 4.2.