RIL faces 40% cut in marketing margin on KG-D6 gas
Reliance Industries is facing a 40 percent cut in the marketing margin it charges on selling its KG-D6 gas to fertilizer and LPG plants after the government notified a ceiling of Rs 200 per thousand standard cubic meters (scm).
Nov 29, 2015, 11:20 AM IST
CAG raps OilMin for letting RIL charge marketing margin in dollars
Government auditor CAG Tuesday criticised the Oil Ministry for allowing Reliance Industries to charge a marketing margin on its KG-D6 gas in US dollars terms and not in rupees saying it will result in over Rs 201 crore excess subsidy payout on urea.
May 05, 2015, 17:40 PM IST
Govt asks GAIL to remit incremental KG-D6 gas price every month
Government has asked GAIL to remit to the exchequer on a monthly basis the incremental gas price from RIL's KG-D6 field towards recovery of profit share it claims is due from the private firm.
Mar 11, 2015, 20:44 PM IST
RIL gas payments to be invested in interest bearing deposits
After Reliance Industries demanded interest on KG-D6 gas payments flowing into gas pool account operated by GAIL, the state-owned firm has agreed to invest the receivables in short-term interest bearing deposits with public sector banks.
Jan 07, 2015, 14:58 PM IST
RIL seeks interest on gas payments
Reliance Industries has sought interest on USD 1.41 a unit that buyers of its KG-D6 gas are paying into a gas pool account operated by GAIL India, saying the state-run firm ought to invest the amount due to RIL in good interest-bearing instruments.
Nov 25, 2014, 16:22 PM IST
RIL gas output from KG-D6 likely to improve: UBS
UBS said it expects RIL's "core petrochemical, refining and domestic exploration and production businesses to improve over the next two years".
Sep 23, 2014, 17:26 PM IST
