NNNNNNNNNNNNNNNN
回光返照 SEA Research, BLK 758 Yishun Street 72 #09-444 Singapore 760758
Let's turn the light inwards, illuminate the Self.
SEAnews Issue:monthly
tel:65-87221054
NNNNNNNNNNNNNNN
About Us Your Comment
2013-12-24 ArtNo.44677
◆RIL gets gas pricing breather, subject to bank guarantee
【New Delhi】Heading for general elections in about 100 days from now, the Government on Thursday showed its eagerness to resolve key policy issues, including allowing Reliance Industries to benefit from higher gas prices, Coal India Ltd to extract coal bed methane, and give relief to sugar millers.
 The government decided to allow the Mukesh Ambani-controlled company to double the price of gas produced from its KG-D6 block to $8.4 a million British thermal unit (mBtu) from April 1, 2014.
 However, the breather is subject to certain riders — the company has to give a bank guarantee for shortfall in production from the block and sign a supplementary agreement with the government for the new dispensation.
 The Cabinet Committee on Economic Affairs (CCEA) had decided to raise domestic gas price in June but was forced to reconsider the move after facing political pressure over doubling the price despite charges of gas hoarding on RIL.
【News source】

CCEA ups gas price for RIL subject to bank guarantee

RIL gets gas pricing breather, subject to bank guarantee

Your Comments



Special sale for Ad Space



Free download of "The Origin of Christianity"



Readers' Voice



Trend



SEAnews World Circulation


[Your Comments / Unsubscribe]/[您的意见/退订]/[ご意見/配信停止]
Please do not directly reply to the e-mail address which is used for delivering the newsletter.
请别用递送新闻的邮件地址而直接回信。
メールをお届けした送信専用アドレスには返信しないで下さい。
SEAnews 掲載記事の無断転載を禁じます。すべての内容は日本の著作権法並びに国際条約により保護されています。
Copyright 2003 SEAnews® All rights reserved. No reproduction or republication without written permission.