Ongc gas theft by reliance motors?

Mertie Kiehn asked a question: Ongc gas theft by reliance motors?
Asked By: Mertie Kiehn
Date created: Sat, Apr 17, 2021 6:53 PM

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⛽ Ongc gas theft by reliance auto?

Read more about ONGC takes RIL to court over gas 'theft' on Business Standard. In less than a year of signing a Memorandum ofUnderstanding with the Reliance Industries Ltd (RIL) to explore the possibilityof sharing the latter's infrastructural facility on the East Coast, Oil andNatural Gas Corporation has taken RIL to the

⛽ Ongc gas theft by reliance bank?

ONGC accuses Reliance of 'stealing' gas, claims Rs 30,000 cr loss. O il and Natural Gas Corporation (ONGC) on Thursday told the Delhi High Court that it has suffered loss of gas worth Rs 30,000 ...

⛽ Ongc gas theft by reliance company?

Read more about ONGC takes RIL to court over gas 'theft' on Business Standard. In less than a year of signing a Memorandum ofUnderstanding with the Reliance Industries Ltd (RIL) to explore the possibilityof sharing the latter's infrastructural facility on the East Coast, Oil andNatural Gas Corporation has taken RIL to the

10 other answers

Oil and Natural Gas Corp (ONGC), the top energy company in India, has taken Mukesh Ambani-owned Reliance Industries Ltd (RIL) to the Delhi High Court. The story so far is – On July 27, 2013, ONGC issued a press release informing that it has inked a Memorandum of Understanding(MoU) with RIL to “explore the possibility of sharing the latter’s infrastructural facility in the East Coast.”

ONGC had moved the Delhi High Court alleging theft of its gas by RIL by way of drilling wells close to its block. The KG-D6 block started producing hydrocarbons in 2009. ONGC has not produced any...

Reliance Industries (RIL) has blamed government-owned ONGC for ‘not pointing out’ more than a decade back the underground contiguity of their adjacent deepwater blocks in the Krishna Godavari ...

ONGC had moved the Delhi HC alleging theft of its gas by RIL by way of drilling wells close to its block. The KG-D6 block started producing hydrocarbon in 2009. ONGC has not produced any oil or ...

Reliance Industries Limited (RIL) on Friday hit out at Oil and Natural Gas Corporation (ONGC) for suing it over the Krishna-Godavari (K-G) gas dispute. It has also denied the claim made by ONGC that the company was stealing

ONGC accuses Reliance of 'stealing' gas, claims Rs 30,000 cr loss. O il and Natural Gas Corporation (ONGC) on Thursday told the Delhi High Court that it has suffered loss of gas worth Rs 30,000 ...

Seems Mukesh Ambani's Reliance has stolen Rs 11,000 crore worth of gas from ONGC. Here's how ONGC pegs the value of the "stolen" gas at Rs 11,000 crore, based on the 2013 market price of $4.2 per ...

Nine of ONGC’s gas discoveries in the Krishna-Godavari block (called KG-DWN-98/2), sit next to RIL’s KG-D6 block. Former ONGC chairman Sudhir Vasudeva, during whose tenure the companies signed the MoU, said upstream companies the world over followed the well-established method of unitisation for sharing reserves in case of overlap.

Reliance, ONGC to work out sharing infrastructure in KG basin Reliance Industries eyeing Petronas stake in Venezuela project Reliance Industries Friday felt "saddened" by the remarks of the ONGC chief on alleged "theft" of gas in the Krishna-Godavari basin, and said as the matter was sub judice it called for restraint by both parties.

More plainly, ONGC’s claims seem true and RIL may be liable to pay for the “stolen” gas. According to estimates, RIL has drawn 58.7 billion cubic metres of gas from the contentious wells as of 31 March 2015. Of this, as much as 11.9 billion cubic metres may belong to ONGC.

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