The government had between 2012 and 2016 disallowed Reliance from recovering the cost of USD 3.02 billion for KG-D6 output lagging targets, but no notice was issued after that even though production has plummeted to a fraction of the projections.
from Oil & Gas-Energy-Industry-Economic Times http://bit.ly/2WYy1TL
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Wednesday, May 22, 2019
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Government stops issuing Reliance-BP penalty notices for KG-D6 gas output shortfall
Government stops issuing Reliance-BP penalty notices for KG-D6 gas output shortfall
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