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Ril ONGC 10 Questions

Reliance KG-D6 gas deal involved controversy over pricing of natural gas extracted from the KG-D6 basin off India's east coast. The article provides a 10 point ready reckoner on the issues, with Oil Minister Veerappa Moily defending the pricing formula and norms followed, saying Arvind Kejriwal is ignorant of how the government functions. Kejriwal had ordered an FIR against Mukesh Ambani, Moily, and a former minister over the pricing formula. The controversy centers around whether pricing norms were properly followed.

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0% found this document useful (0 votes)
20 views

Ril ONGC 10 Questions

Reliance KG-D6 gas deal involved controversy over pricing of natural gas extracted from the KG-D6 basin off India's east coast. The article provides a 10 point ready reckoner on the issues, with Oil Minister Veerappa Moily defending the pricing formula and norms followed, saying Arvind Kejriwal is ignorant of how the government functions. Kejriwal had ordered an FIR against Mukesh Ambani, Moily, and a former minister over the pricing formula. The controversy centers around whether pricing norms were properly followed.

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rohit
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15/01/18, 10(45 AM

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10 things you should know about the Reliance


KG-D6 gas deal
Ready reckoner on the KG D6 gas basin controversy

Shishir Asthana | Mumbai February 12, 2014 Last Updated at 11:49 IST

Reacting to Arvind Kejriwal’s presser where he said that an FIR will be filed against Mukesh Ambani,
current oil minister Veerappa Moily and former oil minister Murli Deora over the gas pricing formula,
Moily said that we should sympathize with his ignorance since kejriwal doesn’t know how the
government functions. He reiterated that the norms were being followed and there is a system for fixing
prices. ALSO READ: Kejriwal orders FIR against Mukesh, Moily So who is actually ignorant in this
case? Were the norms actually followed or has ...

http://www.business-standard.com/article/printer-friendly-version?article_id=114021200357_1 Page 1 of 1

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