Showing posts with label financial interests. Show all posts
Showing posts with label financial interests. Show all posts

Thursday, December 15, 2011

Mukesh Ambani's RIL challenges norms for coal bed gas

NEW DELHI: Mukesh Ambani's Reliance Industries Ltd (RIL) has accused the oil ministry of moving goal posts mid way on pricing and utilisation of gas extracted from coal seams - called coal bed methane (CBM) in industry parlance - and said the move was against the government's own decision and violated terms of the contract with the state.