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Krishan-Godavari basin

RIL faces over $1 billion fine for ONGC gas migration issue

RIL faces over $1 billion fine for ONGC gas migration issue

Tue, Nov 01, 2016

Mukesh Ambani led Reliance Industries Ltd (RIL) and its foreign partners Niko Resources are alleged to have migrated gas from Oil and Natural Gas Corporation (ONGC)’s block in the Krishan-Godavari basin and will be fined nearly $1.2 billion.

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