Advertisement
Friday, Oct 22, 2021
Outlook.com

Uneasy Truce At The Wellhead

The government stands firm at the Reliance gas row, holds all future levers, keeps ends open

Uneasy Truce At The Wellhead
Uneasy Truce At The Wellhead
outlookindia.com
-0001-11-30T00:00:00+05:53

In The Pipeline, On The Morrow

Grey areas in the next round of Anil vs Mukesh

  • Price The $4.2/mmBtu price ceiling is due for revision in 2012. Will the government then step in, or let market forces discover end price?
  • Gas Allocation Changes required in government policy for Anil to get committed supply of gas for his greenfield power plant.
  • Tenure The 17-year tenure demand will not be respected. Under new policy, only five-year pacts are being signed.
  • Quantity Government will have to do a balancing act to assure supplies. Anil’s demand for 28mmscmd will not be met.
  • The Future SC hasn’t commented on Anil’s right to seek 40% of RIL’s existing and future E&P discoveries. Leaves door open for Anil tonegotiate.
  • Arbitration If all these issues aren’t resolved, Anil will seek implementation of MoU as...
Advertisement

Outlook Newsletters

Advertisement
Advertisement
Advertisement

Read More from Outlook

Global Hunger Index Might Not Be Flawless But India Still Needs To Take It As Warning

Global Hunger Index Might Not Be Flawless But India Still Needs To Take It As Warning

The Centre has reacted angrily at the new Global Hunger Index, but experts say it should plug loopholes in the food delivery system.

Didi's 2-Day Goa Trip Not A 'Vacation' As TMC Pitches For 'Gonychi Navi Sakal'

Didi's 2-Day Goa Trip Not A 'Vacation' As TMC Pitches For 'Gonychi Navi Sakal'

West Bengal Chief Minister Mamata Banerjee's visit comes as the TMC appoints former Goa chief minister Luizinho Faleiro as a national vice president.

'Suspended' Old Trafford Test Rescheduled To July 2022

'Suspended' Old Trafford Test Rescheduled To July 2022

ECB announced that the game has been moved to Edgbaston and will be part of India's white-ball tour. The match will begin on July 1.

100 Crore Shots: How Modi Govt Scored Its Vaccination Goal In 280 Days

100 Crore Shots: How Modi Govt Scored Its Vaccination Goal In 280 Days

Prime Minister Narendra Modi described the feat as 'a journey from anxiety to assurance' that has made India stronger.

Advertisement