Govt seeks $30 bn from Reliance, BP in KG-D6 gas field dispute
New Delhi: The government is seeking over USD 30 billion from Reliance Industries Ltd and BP as compensation, alleging the partners built larger-than-required facilities at the KG-D6 fields and subsequently failed to meet natural gas output targets, sources said. The government claimed its submissions before a three-member arbitration tribunal that on November 7 concluded hearings…
