Home » Posts tagged with » India disallows Reliance from cost recovery

India disallows Reliance from cost recovery of $2.4 billion: Oil Minister

New Delhi, 14 July-2014(Reuters):┬áIndia has disallowed Reliance Industries Ltd from recovering $2.376 billion invested to develop offshore gas fields in the D6 block on the country’s east coast as output has fallen drastically and is way below the promised volumes, the oil minister said. India disallows Reliance from cost recovery of $2.4 billion: Oil Minister […]