panna mukta and tapti
ONGC confirms govt slapping it, RIL, Dutch Shell with USD 3.9 bn demand
The demand is in interpretation of contract for the Panna-Mukta and Tapti (PMT) oil and gas fields in the Arabian Sea.
Centre seeks $3 billion from RIL, Shell, ONGC
Reliance says demand notice is premature as the matter is still under sub-judice in English courts.
Govt asks RIL, Shell, ONGC to pay $3 billion
This comes after govt earlier won 'partial' arbitration award over cost recovery in PMT oil and gas fields.
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